Nationwide home foreclosures tick up for first time in 3 years: report

New home foreclosure filings nationwide inched up in July, signaling the first year-over-year rise after three consecutive years of decreases. The report from Attom Data Solutions is an indication the U.S. housing market may be nearing the end of the cycle, and that home prices will begun to fall, experts say. Meanwhile, foreclosure starts are also rising sharply in some of the country’s biggest real estate markets, jumping more than 20 percent in Los Angeles […]

from The Real Deal New York