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Homeowners' Losses, Investors' Gains

As the number of home foreclosures jumped in Prince William County this year, investors snapped up the foreclosed units at bargain prices, renting many for more than their monthly mortgage payments and hoping for big profits when the market recovers.

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Foreclosures, Falling Prices Spur Pr. William Home Sales
Article | Freewheeling American capitalism may be falling out of fashion on Wall Street, but in the western suburbs of Northern Virginia, it is driving one of the greatest home-buying sprees the region has ever seen.

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