
Posted by Kenny Hernandez
NEW YORK (CNNMoney.com) -- Foreclosure filings fell by 8% in November, creation it the fourth uninterrupted month of improvement in the housing market.
There were 306,627 filings final month, according to RealtyTrac, an online marketer of foreclosed properties. That decrease follows the 3% dump in October, 4% in Sep as well as 1% in August.
"Loan modifications as well as alternative foreclosure impediment efforts, along with the not long ago extended as well as expanded homebuyer taxation credit, are keeping the lid on the most manifest symptoms of the nation's bum housing marketplace -- foreclosures as well as home worth depreciation," RealtyTrac CEO James Saccacio pronounced in the prepared statement.
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Posted bygroup2bat8:57 PM