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U.S. Foreclosure Activity Decreases 10 Percent in January

Overall Activity Up 15 Percent From January 2009,REOs Up 31 Percent From January 2009;More Than 300,000 Properties Receive Foreclosure Filings for 11th Straight Month

RealtyTrac® today released its January 2010 U.S. Foreclosure Market Report™,which shows foreclosure filings —default notices,scheduled auctions and bank repossessions —were reported on 315,716 U.S. properties [...]

Foreclosures still on the rise…Investors be cautious

By:Dennis Norman

Today Bloomberg.com reported that,based upon data from RealtyTrac Inc.,foreclosures in the US were up 81% last year with a total of 2.3 million foreclosures.  According to RealtyTrac Inc this is the largest number of foreclosures they have documented in the four years they have been tracking foreclosures. 

RealtyTrac Inc data indicates Nevada [...]