On the surface, the foreclosure crisis seems to be easing. The number of foreclosure notices filed during the first three months of 2011 fell 27% compared with the first quarter of 2010, according to a report from RealtyTrac released Thursday.
This also explains why banks are being more responsive to negotiate short sales much quicker than before and for those buyers out there looking for the right house is becoming a bit tougher. This might indicate property prices to go up due to the lack of inventory worth buying.
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