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Vacate the Premises

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Across the national there's a level of blind optimism about the housing market looking up. Unfortunately the reality of the situation is much different. "Lenders seized more U.S. homes this summer than in any three-month stretch since the housing market began to bust in 2006." A total of 288,345 properties were lost to foreclosure in the July-September quarter, according to data released by RealtyTrac Inc., a foreclosure listing service. [SF Gate]