Foreclosures At A Five-Year Low

New reports show that foreclosure activity hit a five year low in September; activity has now dropped for nine consecutive quarters, which is helping to alleviate fears of a second wave of foreclosures that many analysts had expected. Filings were down 16% year-over-year in September, and home prices were up. For more on this, and other measures that are affecting the real estate market see the full article on USA Today.

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