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Recent Foreclosure Studies:

"Foreclosure discounts are particularly large on average."
-- Massachusetts Institute of Technology: Forced Sale and House Prices

" Single-family homes are a very attractive investment right now. Three or four or five years, I'd probably sell it at a very substantial profit relative to my equity"
-- Warren Buffett, CNBC interview

"Foreclosed houses are likely to sell at low prices."
-- Harvard University's Joint Center for Housing Studies

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