The Traderszone Network

Published in TZ Latest News 11 February, 2015 by The TZ Newswire Staff

U.S. foreclosure activity rises 5 percent in January: RealtyTrac

The number of U.S. properties in foreclosure upon rose 5 percent in January, driven by a jump in bank repossessions, real estate data firm RealtyTrac said on Thursday. Overall, 119,888 properties were at some stage of the foreclosure process, still down 4 percent from a year earlier. The unwinding of distressed housing assets, a multiyear legal process in many states, was gathering pace, RealtyTrac said.

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