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The overall impression being conveyed by economists is that home sales have stabilized and increases are to be able to continue for the balance of 2008. The sub-prime lending crisis almost over, and now it’s period for deal together with fallout.
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Feds estimate its worth at $7 million, but tax assessments indicate its value at $3.3 , 000, 000. Regardless, one real estate agent noted that the history and high-profile of the property may make it sell for as much as $10 thousands. Purchased in 1980, the Madoffs originally only paid $250,000 for reduce.
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