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March 11, 2010

Pace of foreclosures seems to be slowing

By ALAN ZIBEL
AP Real Estate Writer

WASHINGTON — The foreclosure crisis isn't over, but the pace of growth may finally be slowing down.

RealtyTrac Inc. said Thursday that the number of U.S. households facing foreclosure in February grew 6 percent from the year-ago level, the smallest annual increase in four years.


 
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