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Foreclosure rates climb in November

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Updated: 12/13/2012 10:27 am
Foreclosure rates rose to a nine-month high in November even though the number of homes starting on the path to foreclosure declined to its lowest level in six years.

Foreclosure listing firm RealtyTrac says the foreclosures increased 11 percent from October and up five percent from November last year. But the number of homes entering the foreclosure process, otherwise known as foreclosure starts, dropped to its lowest number since December 2006.
 
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The views expressed here do not necessarily represent those of KGET TV 17 - In the Spirit of the Golden Empire

Dragon - 12/13/2012 11:00 AM
1 Vote
Those who don't see another bubble (albeit a small one) in the making need to change their meds

ginny - 12/13/2012 10:31 AM
1 Vote
How can this be possible, haven't we been told for the last year, atleast, that things are SO much better now? Guess we'll see what the real picture is in the months to come now that the election is over.
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