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Foreclosures Levels Drop 11% In February

Foreclosures Levels Drop 11% In February

| Mar 15, 2013 | Housing Market

Home repossessions hit their lowest levels since mid-to-late 2007, averaging an 11% decrease in February 2013 from January 2013, and showed a 29% drop from last year according to RealtyTrac. Foreclosure rates have been cut in half from 2010 when the Foreclosure crisis reached its highest level. Rates continue to drop monthly and yearly as home prices increase, and the housing market picks up speed. More here

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