After a jump in August, foreclosures begin again

New foreclosure actions in states along the country’s West Coast returned to levels in line with prior months during September, according to ForeclosureRadar, a California-based company that tracks every foreclosure in its five-state coverage area. The leveling off in September follows a strong surge in foreclosure starts during the month of August in the western …

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Pending Sales of Existing Homes Rise 2%

The number of contracts signed for purchases of previously owned homes rose again in December, according to data released by the National Association of Realtors (NAR) Thursday. The trade group’s pending home sales index increased 2.0 percent compared to its November reading, which was revised downward. The index is based on contracts signed in December, …

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