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

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

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


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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. What’s more, data from real estate data analytics firm ATTOM Data…

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