The Daily Gazette
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Foreclosure-tracking firm: Area good for property buyers

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If you’re looking to purchase some foreclosed-on property, look no further than the Capital Region. A California-based firm that tracks foreclosures nationwide is reporting that the Albany-Schenectady-Troy metropolitan area is among the top 20 best areas in the nation to buy foreclosures this year. In fact, the region ranked third behind Palm Bay, Fla., and Rochester. “Markets with increasing foreclosure activity in 2012 took the first step in finally purging delayed distress left over from ...

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