Detailed text transcripts for TV channel - FOXNEWS - 20111213:00:50:00
>> shepard: with the housing market on course to end 2011 on a quiet low note, a new report i understand catsz florida is bearing the brunt of the nationwide foreclosure crisis. home to 9 of the 10 hardest hit cities in our nation. topping the list, miami with the country's highest foreclosure rate a little more than 18%. nearly three times the national average now. but now some signs of a possible recovery in the form of new construction. phil keating is miami-based poor us and apparently new construction in the first time in what seems like years p.k. >> long time coming, shep. florida histo...
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