Foreclosures Drop in 84 Percent of U.S. Metro Areas
A new report from RealtyTrac revealed that foreclosures declined in more than 84 percent of U.S. metro areas during the first half of the year. However, as RealtyTrac has repeated numerous times over the past year, the drop in foreclosures does not necessarily mean the housing market as a whole is turning around.
Foreclosure Pipeline Still Clogged
While the number of foreclosure procedures initiated dropped in 84 percent of U.S. me