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  2. Neighborhoods boasting modern homes, cul-de-sacs and tree-lined streets in and around Western cities now dominate the list of the top 100 U.S. ZIP Codes hit hardest by foreclosures, and claim and ...

  3. Thousands Of U.S. Homes Foreclosed In April As Market ... - AOL

    www.aol.com/thousands-u-homes-foreclosed-april...

    April saw a surge in home foreclosures, with thousands of properties repossessed nationwide.Last month saw an 8% increase in repossessions from the previous month, totaling over 2,900, despite a ...

  4. Is It Smart to Buy a Foreclosed Home? Weighing the Pros & Cons

    www.aol.com/lifestyle/smart-buy-foreclosed-home...

    Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures hit the market and drove down prices nationwide. While foreclosure rates since then have fallen ...

  5. Slavic Village Development - Wikipedia

    en.wikipedia.org/wiki/Slavic_Village_Development

    In 2007, one of the zip codes representing Slavic Village (44105) was named the "hardest hit" zip code in the United States. [3] According to Claudia Coulton, co-director of the Center on Urban Poverty and Community Development at Case Western Reserve University , part of the reason for the focus of foreclosures in the Slavic Village area is ...

  6. 2000s United States housing market correction - Wikipedia

    en.wikipedia.org/wiki/2000s_United_States...

    House in Salinas, California under foreclosure, following the bursting of the U.S. real estate bubble. The 30-year mortgage rates increased by more than a half a percentage point to 6.74 percent during May–June 2007, [78] affecting borrowers with the best credit just as a crackdown in subprime lending standards limits the pool of qualified ...

  7. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]

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