Update from the Foreclosure-Based Economy 0
New way for foreclosures set to hit the market.
Lenders issued 929 foreclosure-related notices last month, up 12 percent from the 826 issued in January but down 19 percent from the 1,149 reported in February 2011, according to RealtyTrac, a foreclosure-monitoring service based in Irvine, Calif.
Meanwhile, on the nation stage, a small setback for the foreclosers, but a rebound is predicted:
“February’s numbers point to a gradually rising foreclosure tide,” Moore said. “That should result in more states posting annual increases in the coming months.”
