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No Sale: Bank Wrecks New Houses - WSJ.com

posted by admin 11:54 PM
Saturday, May 9, 2009

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A Texas bank is about done demolishing 16 new and partially built houses acquired in Southern California through foreclosure, figuring it was better to knock them down than to try selling them in the depressed housing market.

No Sale: Bank Wrecks New Houses - WSJ.com.

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