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About a year and a half ago, Tom Runge and his wife, Cathy Woods, put their Auburn, Wash., home up for sale. Woods had taken a new telecommuting-friendly position and the couple planned to move to Portland, Maine, where they could more easily afford some investment property.- advertisement -

The situation seemed ideal, but there was just one problem: Their four-bedroom Washington house didn’t sell.

That was no surprise in this tough market. According to the National Association of Realtors, the rate of existing home sales in June 2008 was 15.5 percent lower than it was in June 2007, while median existing-home prices fell by about 6 percent compared to the previous June.

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