Foreclosures Hit Six Year Low in June

According to an article by AOL, home foreclosure filings in the US reached a six and half year low in June, based on figures from a RealtyTrac. Apparently there were 127,790 properties with foreclosure filings for that month, a decrease of 14% compared to May, and a massive 35% decrease compared to a year earlier.

Smaller Lenders Face Repercussions For Faulty Foreclosures

Currently there are a plethora of distressed properties on the market listed as foreclosures and short sales, which provides exceptional foreclosure investing opportunities for everyone from first time homebuyers to seasoned investors.