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Some Cities Are Spared the Slide in Housing |
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AUSTIN, Tex. — The real estate market these days is a tale of two Americas, and one of them is not doing too badly.
In the America of big-city housing markets, especially on the coasts and in the struggling industrial Midwest, the huge run-up in values in recent years has given way to big drops in prices and sales volume. Millions of people owe more than their houses are worth.
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