Finally, a Light at the End of the Foreclosure Tunnel
By Edward Perez
(Sothbey's International Realty)
Maybe it’s not over yet, but it looks like the end could finally be near. RealtyTrac Inc. has stated that, the number of U.S. homeowners in foreclosure increased in February 2010 by 6 percent from the same time last year, it was the smallest increase recorded in four years. RealtyTrac Inc. is a major foreclosure listing company that tracks foreclosures, has released figures that in February 2010, 308,000 households, or one in every 418 homes, receiving a foreclosure-related notice. This also is a 2 percent decrease from January Some analysts fear that hundreds of thousands of homeowners who are still being evaluated for help under loan modification programs may lose their homes later this year. Lets hope that the decrease in foreclosures is good positive sign that the housing market ...
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