New foreclosure data a mixed bag for New Jersey real estate

The news on foreclosures continues mixed, with the latest real-estate data showing the national rate is drifting downward even though it remains much higher than a year ago — while New Jersey bucks both trends.

Nationwide, foreclosure activity declined 3 percent in October compared to September, but was still 19 percent above a year ago, according to RealtyTrac, which monitors the foreclosure market place.

Full story is available on New Jersey Newsroom

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