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There is certainly a glut of homes available currently, with more being added daily, yet interest rates are still relatively low and as a matter of fact, at levels of 5 years ago! Creative financing is almost as readily available as it was a couple of years ago. Yes, it is true that the subprime market is a mess and a scary element causing some confusion...qualitative word being confusion (that state caused by a lack of understanding). So what is one very large cause of this slowed market?...the MEDIA! I unequivocally beleive that the largest creators of this current situation is
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