Monday, March 3, 2014

Foreclosure Hit New Low

Foreclosure Hit New Low
Foreclosure inventory in January was down by one-third over the year, although completed foreclosures ticked up over Foreclosure Data Suggests ‘Continued But Slower Housing Recovery’the month. RealtyTrac released its Residential & Foreclosure Sales Report for January, revealing institutional investors made up 5.2% of all residential property sales in January. Investor sales are down from 7.9% in December, and down 8.2% yearly. The January numbers represent a 22 month low. Read more 

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