Market experiences lowest level of foreclosure activity since 2006

October 20, 2014

With most recent data revealing that all foreclosure-related metrics dropped in September, The Motley Fool poses the question: Is it finally time to buy a house?


The exact numbers from RealtyTrac say that there were 106,866 foreclosure filings across the country, 8.6 percent less than in August and a year-over-year decline of 18.6 percent. But this doesn’t necessarily mean home prices are going to continue going upward, because the foreclosure market was one of the reasons for previous gains.


Read more