News Summary: Home repossessions declined in June
- Article by: The Associated Press
- July 10, 2013 - 11:10 PM
REPOSSESSIONS FALL: Foreclosure listing firm RealtyTrac says that the number of U.S. homes repossessed by lenders fell nearly 9 percent in June from the previous month. Repossessions declined 35 percent from a year earlier.
FORECLOSURE STARTS: The number of homes that entered the foreclosure process last month tumbled 21 percent last month from May, and slid 45 percent from June 2012.
STATE SNAPSHOT: Through the first six months of 2013, Florida's foreclosure rate was the highest in the nation and nearly three times the national average.
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