Foreclosure Rates Down 28% From Last Year

Experts are expecting foreclosure rates to continue to dwindle down and eventually reach a point where they will no longer be a threat to the recovering economy. Foreclosure rates have dropped over the previous two years, and new foreclosure rates have decreased 28% from last year. RealtyTrac released their most recent report showing that in January new foreclosure initiation rates dropped 11%. More here

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