This just in from Dan Levy in Bloomberg's - "Foreclosure filings in the U.S. rose to a record for the second consecutive month in April as banks increased efforts to seize homes from delinquent borrowers."
He also reported US foreclosures were up in April 32% over April of last year.
In spite of all that, our market is seeing some increases in listings and sales and some stabilization of prices in residential real estate in most areas in Utah County.
Wednesday, May 13, 2009
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