Foreclosures have jumped 70%. Here’s what that says about the housing market

0
192

The foreclosure uptick indicates that the economic — and especially employment recovery — is not complete, an expert says.


Getty Images

Foreclosures are up, and that’s something potential homebuyers and investors should take note of. Indeed, according to a report from mortgage data and analytics company Black Knight, in January there was a seven-fold increase in foreclosure starts as compared to December, with roughly 33,000 loans referred to foreclosure….

Read more…

LEAVE A REPLY

Please enter your comment!
Please enter your name here