Foreclosure Activity Recedes for Fourth Straight Month

The foreclosure tide appears to be subsiding, according to the latest numbers from RealtyTrac. The company said Thursday that foreclosure activity fell 8 percent in November, compared to October - it's the fourth consecutive month that RealtyTrac's data has shown a decrease in foreclosure filings. November's numbers are 15 percent below the all-time high hit in July, and at their lowest mark since February. At the state level, the same usual suspects are still leading the nation in foreclosure activity, but even these hard-hit housing markets are beginning to show signs of improvement.
RealtyTrac