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Home foreclosure notices declined in JanuaryPosted by RJ and Makay on Feb 10, 2011 |
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Fewer U.S. homes entered the foreclosure process in January than in any month in more than three years, reports foreclosure listing firm RealtyTrac.
Indeed, the number of homes receiving an initial default notice in January fell 1% since December and plunged 27% since January 2010. Scheduled foreclosure auctions have also sharply decreased, falling to their lowest level in two years, RealtyTrac says.
