patrick.net

http://www.pe.com/business/business-headlines/20121213-real-estate-inland-foreclosure-filings-fall-50.ece?source=Patrick.net

Foreclosure starts in America have been in retreat mode for 26 months, and foreclosure activities for November fell to the lowest level since December 2006. But even as that RealtyTrac data pointing to a 71-month low add grist to the view the nation is past the worst of a foreclosure crisis that began when the housing bubble burst, U.S. bank repossessions of property rose 11 percent from October and 5 percent from November 2011. That is the first year-over-over increase in lender take-backs of distressed property since October 2010. Foreclosures continue to hobble the U.S. housing market as lenders finally...

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