News Summary: Completed foreclosures down

(AP) - COMPLETED FORECLOSURES: Foreclosure listing firm RealtyTrac says that the number of U.S. homes repossessed by lenders in October dipped 1 percent from the previous month and declined 29 percent versus October last year.

FORECLOSURE STARTS: The number of homes that got started on the foreclosure path in October rose 2 percent from the previous month, but fell 34 percent from a year earlier.

POSITIVE TREND: As of the end of October, the nation is on pace to end this year with just under 500,000 completed foreclosures, down from 671,251 last year.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Top Stories

  • Apathy On Mercer
    Jason Rantz says SDOT's unequal treatments of cars will end up severely hurting Seattle

  • Ultimate Hypocrisy
    Pot is legal, but online poker is still a felony; one Washington man is working to change that

  • Best Dressed
    10 of the best dressed Seattle Seahawks show off their stuff
ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
Sign up for breaking news e-mail alerts from MyNorthwest.com
In the community
Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.