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Foreclosure Buyer Confidence Lags As Foreclosures Spike, Home Prices Decline

Tuesday, December 16, 2008

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Growing consumer discontent and unease surrounding foreclosure sales is fueled by a lagging economy, high volume of foreclosure inventory, and impotent government foreclosure rescue efforts, according to Pete Flint, Trulia Co-Founder and CEO, and Rick Sharga, Senior Vice-President of RealtyTrac. Flint and Sharga co-hosted an industry call coinciding with a news release: Survey from Trulia [...]

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