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Florida Defies Housing Rebound as Foreclosures Soar
Florida Defies Housing Rebound as Foreclosures Soar: Mortgages Businessweek Florida's foreclosure crisis just won't end. More than six years after subprime lending and overbuilding led to the worst U.S. real estate slump, the state had the biggest increase in home seizures last year, and the highest foreclosure rate, RealtyTrac Inc. said.
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