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Foreclosure Rates Down 28% From Last Year

Foreclosure Rates Down 28% From Last Year

| Feb 19, 2013 | Housing Market

Experts are expecting Foreclosure rates to continue to dwindle down and eventually reach a point where they will no longer be a threat to the recovering economy. Foreclosure rates have dropped over the previous two years, and new Foreclosure rates have decreased 28% from last year. RealtyTrac released their most recent report showing that in January new Foreclosure initiation rates dropped 11%. More here

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