Market experiences lowest level of foreclosure activity since 2006

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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.
 
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