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Up north dream homes a nightmare to unload (Detroit News)

Story date: 2008-03-21 10:25:56
Added on: 2008-03-21 23:44:40


Many homeowners are stuck paying the mortgage on an up north cottage they can't unload because other families, who might once have ventured into the vacation-home market, are cutting back in light of job-security fears, stricter lending standards, the high cost of gasoline burned on weekend drives north or other economic concerns. Unfortunately for sellers, this "buyers" market has come when ...


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