Foreclosures climbed in January
Foreclosures picked up in January, yet another sign that the nation's huge glut of delinquent homes may soon start making their way onto the market.
The number of homes hit with a notice of default, auction sale, bank repossession or some other foreclosure filing in January rose 3% since December, but it was still significantly lower than it was a year ago, according to RealtyTrac.
Home prices at lowest point in more than 10 years
The National Association of Realtors reported that the median home price in January fell 2% from December to $154,700. That's the lowest price reading since November 2001, before the run-up in home prices that became known as the housing bubble.
Multi-million dollar foreclosures
Even these mega-mansions in some of America's wealthiest neighborhoods are not immune to the housing crisis. Duh
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