The problems in the real estate market haven’t gone away yet:
One in every 567 Virginia households received a foreclosure filing in November, an increase of 121 percent from the same period last year.
Still, a report released Thursday by mortgage research company RealtyTrac said November’s total 5,694 foreclosure filings were down about 13 percent from October.
Nationwide, one in every 488 households received a filing.
We’re nowhere near the end of this one.
Meh.
[...] you listen to the media, or, in some instances, even read this blog, you might get the impression that the American real estate market is in a free-fall thanks to [...]