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Yet another positive data point for the housing market this week as the latest foreclosure numbers from CoreLogic show distressed housing supply continuing to shrink. October foreclosures fell to 58,000 from 70,000 in October 2011 showing a year-over-year decline of 17%. The number of mortgaged homes relative to foreclosures has been steadily increasing and we see that as an ongoing positive development.

Housing: Positive Outcomes - housing