Foreclosures 29% Down
Foreclosures 29% - Many people are very excited about the 29% drop of foreclosures recently, but the excitement should be tempered a bit. The numbers are not as exciting as they seem to be.
The number of foreclosures fell 29% in the first six months of 2011 compared to the first six months of 2010. The number of foreclosures in the first six months of 2011 were 1.17 million, according to RealtyTrac. They also found the number of foreclosures in the second quarter of this year to be lowest since the end of 2007, which definitely sound impressive.
Foreclosures 29%
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The number of foreclosures fell 29% in the first six months of 2011 compared to the first six months of 2010. The number of foreclosures in the first six months of 2011 were 1.17 million, according to RealtyTrac. They also found the number of foreclosures in the second quarter of this year to be lowest since the end of 2007, which definitely sound impressive.
Foreclosures 29%
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