foreclosure sales decline

From DS News



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> Foreclosure Sales Decline Second Straight Month


Foreclosure sales declined for the second straight month, while foreclosure
starts increased, according to HOPE NOW's monthly mortgage industry data for
May 2011. Foreclosure sales nationwide decreased 7 percent from 73,000 in
April to 68,000 in the month of May, according to HOPE NOW's data.
Foreclosure starts increased 8 percent from 163,000 in April to 176,000 in
May. Foreclosure starts increased 8 percent from 163,000 in April to 176,000
in May. Permanent loan modifications decreased only slightly from April to
May, falling by 1,000.
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-sunil


SUNIL SETHI REAL ESTATE

Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
Cell 510 388 2436 / Fax 510 431 9046

<http://www.sunilsethi.com/> www.sunilsethi.com

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