Keyword: real estate market
USA, New wave of foreclosures threatens market
Up to 7 million homes are potentially eligible but haven’t been repossessed (Paul Sancya / AP file)
While banks repossessed fewer homes in February than a month earlier, borrowers continued to fall behind on their payments, adding to the inventory of properties headed toward foreclosure that have yet to be put on the market, according to RealtyTrac.
