While the number of foreclosures nationwide is thankfully coming down from its peak during the housing bust, there are still quite a few languishing out there. All signs do point to a strong housing recovery, with existing home sales edging up and distressed mortgages accounting for fewer of those sales, according to the National Association of Realtors. But there were still 750,000 homes in the foreclosure process as of February (albeit down from 1 million in early 2011). Read more... http://realestate.aol.com/blog/2013/03/13/banks-most-foreclosures/
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