US Foreclosure Information

Severe declines in real estate values in states with high foreclosures are reinvigorating buyers previously priced out of market; figures from National Association of Realtors show that sales of existing homes across country rose 5.1 percent in February 2009, with much of increase concentrated in foreclosed homes bought for less than $300,000; despite tougher borrowing restrictions, many families used to renting are discovering that they can afford to own; real estate agents in Arizona, Florida…