CNBC.com Article: Foreclosure Delays Plague Housing Recovery

CNBC.com Article: Foreclosure Delays Plague Housing Recovery

Foreclosure activity decreased in April for the seventh straight month, bringing total foreclosure activity to a 40-month low, according to a new report from RealtyTrac. This is not to say that default notices, scheduled auctions and bank repossessions aren’t running well above the norms, with one in every 593 U.S. households receiving a foreclosure filing in April. The numbers are actually quite deceptive.

Full Story:
http://www.cnbc.com/id/42994346

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Posted on Danville Real Estate – Danville Homes For Sale

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