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| U.S. Foreclosure Inventory Dips in November According to data released by Foreclosure.com, 85,375 foreclosed residential properties were available for sale in the United States during November – a decrease of 2.7 percent from October. The total number of new foreclosures listed for sale in November – 20,951 – also decreased 2.7 percent. In the states with the highest number of foreclosure listings, including Colorado, Georgia, Indiana, Michigan, Ohio and Texas, only Georgia experienced an increase in new foreclosures from October to November. In addition, Massachusetts, North Carolina and Tennessee recorded a substantial rise in the number of new foreclosures for the second straight month, indicating early signs of a trend in those areas. write your comments about the article :: © 2005 Construction News :: home page |