Developers’ sizable financing helped fuel foreclosure boom, Realtors say

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No region in Maryland has been harder hit by the foreclosure crisis than Prince George’s County, and no neighborhood in the county has likely been rocked like the Retreat in Bowie’s Fairwood community.

In one four-block area, there are seven homes in various states of foreclosure, many others sit empty and others have sat with “for sale” signs on their lawns for months.

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