New foreclosures jump 20% in October, a sign of more distress in the housing market
Foreclosure filings climbed again in October, after sitting at historic lows in recent years, according to new data released Thursday. While the numbers are still small, the persistent rise in foreclosures may be a sign of cracks in the housing market. There were 36,766 U.S. properties with some type of foreclosure filing in October — …
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