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What's Going on With Foreclosures in New Jersey?

If you've been following real estate in New Jersey recently, one popular topic is foreclosure.  It seems to be on the minds of many buyers looking for a great deal, as well as economists concerned about the impact of shadow inventory on the local market, where we have more than 50 months worth of inventory, according to USA Today.  Yet, despite the predicted deluge, we haven't seen a lot of bank-owned homes come on the market.  So, what's going on? What some d [...]

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