Monthly Archives: August 2011

Housing market: Foreclosures Fall for 10th Straight Month

By David A. Blansky, Esq. | Published August 11, 2011

NEW YORK CNNMoney — Foreclosure filings dropped once again in July, hitting their lowest level since November 2007, as processing delays and foreclosure prevention measures enabled a larger number of delinquent borrowers to remain in their homes.Filings were down 4% compared to June and were 35% lower than July 2010, marking the tenth straight month of year-over-year declines, according to RealtyTrac, a leading online marketer of foreclosed properties. via Housing market: Foreclosures fall for 10th straight month – Aug. 11, 2011.

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