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Three reasons foreclosure activity is skewed

By Bubbabeefcake   2012 Oct 30, 4:01pm   ↑ like   ↓ dislike   451 views   1 comment   watch (0)   share   quote

The decrease in September helped drop the third quarter foreclosure numbers to the lowest level since the fourth quarter of 2007. Foreclosure filings were reported on 531,576 U.S. properties during the quarter, a decrease of 5 percent from the second quarter and a decrease of 13 percent from the third quarter of 2011 - the ninth consecutive quarter with an annual decrease in foreclosure activity. The report also shows one in every 248 U.S. housing units with a foreclosure filing during the quarter.


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1   E-man   2012 Oct 30, 4:07pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

1 in 248 in foreclosure. That's a much more believable number compared to War's number 1 in 317,000.

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