Are we getting better?

Jeff Tung — Thu, 11 Mar 2010 22:30:38 +0000

Do you think that the governmental programs from the president are helping the economy to get better? Well, it seems like it has based on a study by Realty Trac. February’s forclosures have declined by 2% from the previous month but still 6% above the level reported in February 2009. This means one in every 418 U.S. housing units received a foreclosure filing in February.

I think we are heading in the right direction but I think it is still too soon to say that we are out of the woods.

Home Foreclosure Rates Slackened in February, But Misery Remains (dailyfinance.com)
Foreclosures leveling off – but don’t cheer yet (money.cnn.com)
Foreclosure Rates up by Smallest Amount in 4 Years (abcnews.go.com)
US Foreclosure Activity Slows Considerably (247wallst.com)
Summary Box: Foreclosures grow more slowly (seattletimes.nwsource.com)
Foreclosure rates up by smallest amount in 4 years (seattletimes.nwsource.com)
Feb. foreclosure filings rise just 6% in U.S., fall 13% in Washington state (seattletimes.nwsource.com)
Foreclosures Dip Slightly in February (seattlebubble.com)
Foreclosure-Filings Pace Slows (online.wsj.com)

Jeffrey Tung's Real Estate Blog » Housing

Are we getting better?

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