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Charlotte Real Estate, Development, and Construction News: Mecklenburg Times > Columnists > Jim Woodard > First-time homebuyers compete with investors
First-time homebuyers compete with investors
Key industry information sources suggest that more than 5 million homes had been foreclosed and sold as a result of the recent housing crisis, and some anticipate another 8 million to 10 million more foreclosures will make their way through the pipeline over the next few years.
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