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Seattle Area Foreclosures Increase 63 Percent in Jan. 2008
Posted February 22th, 2008

'Looking at inventory rates and median home values, Seattle foreclosures are going to continue for several months,' said Serdar Bankaci, founder of Default Research. 'But overall this area has a strong economy; therefore we will not see any skyrocketing foreclosure rates like other parts of the country that are trapped in the foreclosure crisis.'

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