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Short sales on the rise

Since its construction in 2005-06, a Manassas suburban neighborhood has lost more than half its original owners as its home values plummeted. Banks initially foreclosed on these homes, but since May 2009 short sales seem to be the transaction of choice.

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Walking away with less
Article | A new wave of distressed home sales is rippling, more quietly this time, through American cities and suburbs.

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