For the fourth straight month, U.S.Â home foreclosures declines, bringing some more good news to the real estate market.Â The November foreclosures were 8% less than in October of 2009.
Notices of Default from banks are also down this month, while total foreclosures and defaults are both up since the same time last year.
More than 50 percent of all foreclosures are in California, Florida, Illinois, and Michigan.
Sam DeBord and Brian Wiegand
Seattle Real Estate Brokers
(206)Â 552-8820Â Â