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Good news for homeowners: Fewer homes enter foreclosure

According to the online marketplace RealtyTrac.com, the number of foreclosures hit an eight-year low in August. If this current rate continues, the number of new homes entering foreclosure may stabilize to a “normal” rate by next year.

According to the online marketplace RealtyTrac.com, the number of foreclosures hit an eight-year low in August. If this current rate continues, the number of new homes entering foreclosure may stabilize to a “normal” rate by next year.