Thursday, February 9, 2012

Foreclosures Lower In 2011 | Positive News On Real Estate

Homes in foreclosure decline by 130,000 homes in 2011 and it is thought to go lower this year.

Declining US Home Values Forecasted to Slow in 2012, Says Zillow
In the fourth quarter, the rate of homes foreclosed edged upward from eight out of every 10000 homes in November to 8.2 out of every 10000 in December. However, the rate was lower than at the end of the third quarter, when 8.6 out of every 10000 homes ?

It is thought the new foreclosure deals can help the current marketplace.

Mortgage deal could bring billions in relief
The settlement settles potential state charges about allegations of improper foreclosures based on ?robosigning,? seizures made without proper paperwork. Most of the relief will go to those who owe far more than their homes are worth, known as being ?
www.click2houston.com6728874027 5ddbc070d7 s Foreclosures Lower In 2011

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Source: http://www.positiveonrealestate.com/pr/1113

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