New Foreclosure Inventory in U.S. Stays the Course in April, Announces Foreclosure.com

According to foreclosure.com, 27,417 new foreclosure properties were listed for sale in the United States during April 2005. This actually represents a decrease by 3 percent from the previous month. According to Brad Geisen, the president and CEO of Foreclosure.com, this slight decrease represents a stabilization in the housing market, and the ongoing high amounts of real estate foreclosure properties reflects the levelling off of home values and current interest rates. For more information on this article and a state by state break down of foreclosure property numbers in the United States, please visit the following press release.

New Foreclosure Inventory in U.S. Stays the Course in April, Announces Foreclosure.com