TODAY

TODAY   |  September 12, 2013

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.

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This content comes from Closed Captioning that was broadcast along with this program.

>>> fewer homes are hitting foreclose years. the number hit an eight-year low. it suggests the number of new homes entering foreclosure might get back to a normal rate next year.