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The foreclosure numbers look so much better these days that at first glance it’s hard to see any big national problems looming ahead. After all, as RealtyTrac points out, July foreclosure levels were 16 percent below a year earlier.
After the housing bubble burst in 2006, it ushered in the foreclosure crisis, with 5.5 million borrowers losing their homes to banks.
The American Dream of owning a home is still alive and well today in the United States, but it is increasingly under assault by a growing number of renters.
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