Foreclosure activity down

12 Dec No Comments admin REO News

Foreclosure activity in November was down 37%

Foreclosure activity in November was down 37% from a year ago and 15% from October, RealtyTrac reports today (12/12/13).

November foreclosure starts fell to their lowest level since December 2005 — before the historic housing bust began. Starts offer an indication of future numbers of distressed homes on the market.

States with the highest foreclosure rates in November were Florida, Delaware, Maryland, South Carolina and Illinois, RealtyTrac says.

Source: http://www.usatoday.com/story/money/business/2013/12/12/foreclosure-rate-crisis-florida/3987881/