Foreclosures activity drops to 18 month low

From DS News



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> Foreclosure Activity Sinks to Three-Year Low


Foreclosure filings nationwide dropped 14 percent last month to their lowest
level since February of 2008, according to data just released by RealtyTrac.
One in every 577 U.S. homes received a filing during the second month of
2011, as default notices, scheduled auctions, and new REOs all hit their
lowest readings in more than a year and a half.

-sunil


SUNIL SETHI REAL ESTATE

Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
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