naples inventory is lower in 2011: Foreclosure Rate is Down in 2011
- 09/15/11 08:43 AM
Foreclosures are up ?? Read the Last Paragraph-- Down 33% in 2011 Daily Real Estate News | Thursday, September 15, 2011 A new wave of foreclosures hit in August, as banks picked up the pace in taking action against home owners who have fallen behind on their mortgage payments, RealtyTrac Inc. reported Thursday. The number of U.S. homes that receiving an initial default notice rose 33 percent in August from July. That increase represents the biggest monthly gain in four years, according to RealtyTrac. "This is really the first time we've seen a significant increase in the number of (0 comments)