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Daily Archives: January 18, 2009

The face of foreclosure

Salem area foreclosures and short salesBy mtomsonJanuary 18, 20094 Comments

Foreclosure…short sales…these are common words these days.  Buyers specifically ask about these homes as they are perceived to be a good deal. The rate of foreclosure has gone up in Salem Oregon and will continue to rise in 2009.  Right now 3.8% of the listings on the WVMLS are designated as short sales.  There are…

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