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“The Housing Bubble has Burst”, “Housing Market Tanks” and “Rents Rise as Housing Market Crumbles” are statements made and outline the current headlines.

For those involved in the real estate market in either buying or selling, both sides are currently looking for some way of gaining an advantage in the negotiation process – if the deal ever gets that far.

While lenders are looking more closely at those loan applications in hopes of eliminating the risk of loans going into default requiring foreclosure proceedings, first time buyers and those with little money down are finding homeownership remaining a dream in the volatile housing market.

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