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Some new data released this week by Zillow is revealing not because it gives provides evidence of a troubled housing market - nothing could surprise us there - but because it may be a sign that the mortgage banks are finally beginning to get it . Zillow, the Seattle-based website that started out as...
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We conducted an unscientific, teeny little survey of foreclosed houses last week ' precisely one house ' but given the figures we quoted earlier this week about the toll foreclosed homes are taking on cities, neighborhoods, and individual neighbors ' we are willing to bet that what we saw in Darien,...
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Earlier this month a reader, Pamela Norvell, wrote a suggestion for lessening the foreclosure crisis. She suggested a freeze and/or a rollback of interest rates to their original levels. In making her suggesting Ms. Norvell wondered what it was causing lenders to foreclose on properties rather than do...