According to industry sources, a total of about a million foreclosures nationwide in 2008 - an increase of sixty-three percent over the previous year. In total, the eviction process began more than two million homes during this period. And rates are still high, around one third of total home sales in June 2009. Leonardo Perez has pleaded guilty to charges he stole eight gold Rolex Presidential edition watches, each worth $50,000.
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