Will We See More Foreclosures This Year?

In 2011 we saw the lowest level of foreclosures (NOD’s and Repo’s) since 2007.  Fillings for 2011 were down 33% over the year before.  Much of the decreases were due to the ‘Robo” signing scandals in 2010.  This year foreclosures are expected to rise above last years numbers, but not to the levels they were in 2007.

(All statistics from Realty Trac)

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