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.

Sign up Now and get our guide on Video Marketing for Real Estate Professionals for Free

Sign up to the Realty Biz News mailing list to get updates from our site and also get our guide to Video Marketing for Real Estate professionals for free