The foreclosure crisis is showing signs that it’s finally fading away.
The number of new foreclosure filings — which includes default notices, auctions and bank repossessions — dropped 15% to a total of 113,454 properties in November, according to RealtyTrac, an online marketer of foreclosed properties.
That was the biggest monthly decline since November 2010, and foreclosure filings are now at the lowest level since December 2006. From a year ago, filings are down 37%.
via CNN
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.