As per a recent news daily the foreclosure activity across the United States Jumped in the Month of July 2014 for the first time in four months, Lenders were noticed scheduling more properties for auction, an industry report said Last week.
One of the companies compiling the housing market data said that 109,434 properties were in some stage of foreclosure process, which is a 2% increase in number from the Month of June 2014.
With above being said, despite the rise in foreclosure activities which include foreclosure notices, scheduled auctions and bank repossessions, the overall foreclosures were at a 16% below then the last year’s levels and July was considered to be the 46th consecutive month to notice the foreclosure decline on an annual basis.
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