Foreclosures reach lowest level since September 2007
Posted at: 03/14/2013 6:28 AM
By: Associated Press | WHEC.com
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There's a sharp drop in U.S. foreclosures.
The foreclosure listing firm RealtyTrac says the number of homes seized by lenders last month fell 11-percent from January and 29 percent from the same time last year.
It's the lowest level since September 2007.
RealtyTrac credits a resurging housing market, rising home prices and efforts by some states to buy homeowners more time to avoid losing their homes.
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