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Tuesday, April 30, 2013

Foreclosures rise in March: CoreLogic

http://blogs.marketwatch.com/thetell/2013/04/30/foreclosures-rise-in-march-corelogic/

The number of completed U.S. foreclosures rose in March from the prior month, but were below the level of 12 months earlier, signaling a housing market that continued to heal over the past year, according to data released Tuesday by CoreLogic.
There were 55,000 completed foreclosures in the U.S. in March, up 6% from February, but down 16% from March 2012, according to CoreLogic’s national foreclosure report. In March about 1.1 million U.S. homes were in some stage of foreclosure — representing 2.8% of all homes with a mortgage — down from 1.5 million during March 2012.

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