Home Foreclosures Continue to Rise Along with Unemployment

The news on the home foreclosure front can seem like a broken record in that it’s the same ole, same ole — ie:

The home buying market will continue to struggle until the foreclosure crisis comes to an end,” the report said. “Although new federal efforts may prevent millions of families from losing their homes, mounting job losses will likely keep foreclosures at elevated levels. [Source: Bloomberg.com article, Housing Eludes Recovery as Job Losses, Foreclosures Climb]

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