Foreclosures Are Down For Third Straight Month

NPR

Published May 17, 2012 at 4:00 AM EDT

DAVID GREENE, HOST:

NPR's business news starts with some good news for the housing market.

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GREENE: Home foreclosures in the United States are down for the third straight month, according to the foreclosure listing from RealtyTrack. Nationwide, a new RealtyTrack report finds foreclosure rates in April were down 14 percent over last year, hitting the lowest monthly level in nearly in five years. Transcript provided by NPR, Copyright NPR.

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