Luxury Home Loans - Full Force of Housing Glut Is Felt As Condominium Buyers Bac

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Full Force of Housing Glut Is Felt As Condominium Buyers Bac

Foreclosures and bankruptcies of condo projects are rising as buyers who signed contracts two or three years ago are having trouble getting financing.

Source: http://feeds.realestatejournal.com/~r/wsj/realestate_journal_commercial/~3/149100308/20070828-frangos.html