Foreclosure Rates Fall To Lowest Level Since 2007: Its yet another sign that the Spring market will be a strong one as we will not face a wave of foreclosure inventory hitting the market and suppressing home prices. The U.S. housing market is back on its feet, aided by rising home prices, steady job growth and fewer troubled loans. More U.S. homeowners are also keeping up with their mortgage payments. March was the 42nd straight month where U.S. foreclosure activity dropped from year-ago levels. The number of U.S. home foreclosure filings slid 23 percent in March from a year ago, helping bring first-quarter foreclosure activity to its lowest level since the second quarter of 2007, a report from RealtyTrac showed.
Posted on: Mon, 14 Apr 2014 23:35:00 +0000
Trending Topics
Recently Viewed Topics
© 2015