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: Mortgage Lender Implode-o-Meterforeclosure woes hit napa wineries
By Implode-Explode Heavy Industries
California?s Napa Valley is the latest victim of the ongoing foreclosure crisis, according to a piece in BusinessWeek.
Land values in the area have fallen by roughly 15 percent from the 2007 peak, and demand for the costly wines produced in the region has slumped.
Full post as published by Mortgage Lender Implode-o-Meter on March 09, 2010 (boomark / email).
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