What is the total number of US foreclosed homes for sale in the latest data?
t appears that some people are getting the promised benefits out of the various stimulus, recovery, and bailout plans that the government has passed in the last year. Though the government of California has been having an immeasurable amount of economic trouble lately, the state’s citizens are getting a small amount of recovery. There were only 14,351 foreclosures in the state of January in California, as opposed to 20,952 foreclosures the month before. This number of foreclosures was the highest of any state in the entire country, but not the most per capital. Nationwide, foreclosures are down by more than a quarter between the last two months. Despite these numbers, however, this may not be due only to a moderate recovery in the economy, as Fannie Mae and Freddie Mac both have a moratorium on foreclosures (and they own fifty percent of the United State’s mortgages), which has a big effect, completely separate from the strength of the market. Furthermore, some commercial banks have ag
Washington, October 15: US foreclosed homes for sale and foreclosure auctions. The number of U.S. households in some stage of foreclosure rose nearly 30 percent in February from a year earlier despite government efforts aimed at keeping people in their homes, according to data released Thursday. Foreclosures rose 6 percent from January with 290,631 properties – one in every 440 homes – having received notice from their banks or being in some stage of the foreclosure process in February, industry tracker RealtyTrac said in a monthly report. Sources: http://www.khabrein.info/index.php?
