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Jul 10, 2009 | Posted by: mortgagenews

Empty Homes And Empty Apartments | Mortgaged Future

Full story: mortgagedfuture.com

Huge increases in foreclosures have resulted in millions of homes sitting vacant as bank REO managers struggle to sell the empty homes. Theoretically, people who have been evicted or lost their homes to foreclosures would be new renters. Consider, however, the increase in apartment vacancies to a 22 year high: U.S. apartment vacancies rose to ...

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