USA TODAY: …Foreclosure activity in November was down 37% from a year ago and 15% from October, RealtyTrac reports today.
November foreclosure starts fell to their lowest level since December 2005 — before the historic housing bust began. Starts offer an indication of future numbers of distressed homes on the market.
“The depth and breadth of the decrease provides strong evidence that we are entering the ninth inning of this foreclosure crisis,” says Daren Blomquist, RealtyTrac vice president… (more)
