WMFD TV

Search Archive WMFD.com News

www.wmfd.com - Some good news on the housing front, as the number of homes lost to foreclosure is closing in on levels not seen since before the housing meltdown. }}" />

   
 
 
Foreclosures Drop To Pre-Meltdown Levels

Story By: Larry Stine

 

 

 
 
 
  Email Story to Friend
   
  Original Published: 4/11/2013

  Some good news on the housing front.
 
  The number of homes lost to foreclosure is closing in on levels not seen since before the housing meltdown.

  Foreclosure filings, including notices of default, scheduled auctions and bank repossessions, during the first quarter fell 23 percent from a year earlier.

  It's the lowest level since the second quarter of 2007.

   Last month, banks repossessed about 44,000 homes.

  That's within striking distance of the pre-housing bust monthly average.

   At the height of the housing meltdown, in September 2010, repossessions topped 100,000 a month.

   
  MORE RECENT NEWS
 
Image1 Fire destroys the house at 1240 Canteberry Lane in the Royal Oak Estates subdivision off of Cook Road in Mansfield. Full Story
Image1 A Butler man has been charged with pandering sexually oriented matter involving a minor. Full Story
 
Image1 A Winter Storm Watch has been issued for Saturday evening through Monday morning. Full Story
Image1 Fifteen nurse's aides are stepping-up in their careers, after completing a Certified Medication Aide course. Full Story
  MORE NEWS
 

Nurse's Aides Graduate Medication Aide Course

OSU wraps up Black History Month with soul food celebration

Richland County to host 70th off-site court program

Can You Identify This Man? Shelby Police Need Your Help

Five Cancer Survivors Graduate From LIVESTRONG Program

Developmental Disabilities Awareness Month In March

Three Mansfield Men Face Federal Bank Robbery Charges

Mansfield YMCA hosting Boot Camp for New Dads

More News