patrick.net

http://www.cnbc.com/id/100632955?source=Patrick.net

Workers stand in front of a row of new homes at the Pulte Homes Fireside at Norterra-Skyline housing development in Phoenix, Arizona The number of U.S. homes lenders repossessed fell in March to the lowest level in more than five years, though more properties entered the foreclosure process in a reminder that the market has a long way to go to full recovery, data from RealtyTrac showed on Thursday. Overall foreclosure activity - which includes default notices, scheduled auctions and repossessions - also fell in the first quarter, down 12 percent from the previous quarter to 442,117 properties.

#housing