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Asheville foreclosure rate falls

foreclosurepixAsheville is seeing about half the the rate of foreclosures than the rest of the nation and fewer delinquent home loans in May, researchers reported Tuesday. Foreclosures represented only 0.80 percent of all outstanding mortgage loans in the Asheville area in May, compared to 1.38 percent a year ago, according to CoreLogic, a national real estate research firm in California. Foreclosure activity in Asheville was lower than the national foreclosure rate, which was 1.73 percent for May...more

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Dale Neal,

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