January 13, 2017

Foreclosures down

In the latest sign that the US economy is regaining stability following the Great Recession, foreclosures hit a 10-year low in 2016. The number of properties in foreclosure declined 14 percent from 2015, with 933,045 foreclosures filed in 2016, Reuters reports. This is a 70-percent decrease from the peak of the housing crisis in 2009.

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