Foreclosures Post Big Drop, Reaching 2007 Levels
January 12th, 2012
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Foreclosure filings posted a 33 percent drop in 2011, falling to their lowest levels since 2007, RealtyTrac reports. So is the worst finally over for the housing market?
Don’t get your hopes up just yet. According to an article in CNN Money, foreclosure activity will be greater than in 2011 but lower than 2010.
You can find the article here.
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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®
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