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Increasing home prices help slow foreclosure rate

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Notices of default decline when homeowners feel the equity in their home is increasing, and home prices increase when foreclosures decrease, creating a situation where increasing home prices are partly the result and cause of fewer foreclosures.

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University of San Diego, Burnham-Moores Center for Real Estate

Company Website

5998 Alcala Park.
San Diego, CA 92110

University of San Diego, Burnham-Moores Center for Real Estate Executive(s):

Norm Miller

  • Director of Academic Programs, Professor

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Top Influentials 2014: Mark Riedy

Jan. 27, 2014 -- Reporter Doug Sherwin sits down with Mark Riedy, executive director of the Burnham-Moores Center for Real Estate at USD and a 2014 Top Influential, to talk about affordable housing and dealing with the current drought.

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