The rate of foreclosures is likely to increase slightly next year as lenders attempt to clear out their massive housing inventory, but there probably will be enough demand to absorb it, according to the California Association of Realtors 2011 Housing Market Forecast...

California Association of Realtors: Housing demand will absorb foreclosures
Bakersfield Californian
... to clear out their massive housing inventory, but there probably will be enough demand to absorb it, according to the California Association of Realtors ...
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