Read Our Blog for Current News

Foreclosures down 2 percent from last year13 May

WASHINGTON—Millions of Americans are still likely to lose their homes in the coming years, but the foreclosure crisis is finally showing signs of subsiding.

The number of households facing foreclosure in April fell 2 percent from a year ago, the first annual decline in five years, RealtyTrac Inc. said Thursday.

But the data aren’t all sunny. While the number of new delinquencies is dropping, the number of borrowers losing their homes is still rising. Banks seized a record 92,000 homes last month.

And there are millions more potential foreclosures ahead. Nearly 7.4 million borrowers, or 12 percent of all households with a mortgage, had missed at least one month of payments or were in foreclosure as of March, according to Lender Processing Services Inc., a mortgage data research firm.

Click here to read more….

Leave a Reply

Contact Us:

We are conveniently located in Downtown Denver, call us for directions or to set up a meeting.

info@buildings-residences.com

Main Office: (303) 900-4142



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