Cold, Hard Numbers: 28 and 29
Foreclosure starts rose 28 percent from December 2011 in January 2012 while foreclosure sales rose 29 percent over the previous month[1]. While those numbers sound dire, they probably mean good news say housing experts. The skyrocketing statistics seem to indicate that the real estate market is really heading toward recovery this time after slowing down in 2010 in the wake of the robo-signing scandal.
[1] http://realtormag.realtor.org/daily-news/2012/03/07/foreclosure-backlogs-starting-clear-report-says
Comments (1)
Category: Real Estate
THIS IS NOT AT ALL ACCURRATE. I have people research foreclosures every week at the Court House in Annapolis and even in a state where the majority of the population either work for the state or the federal gov’t
or are connected through contracts from these two entities the foreclosures rates are rising in one county alone.
Do your homework and stop reading the media BS