US foreclosure filings decline in first half of 2011, but the numbers are still scary
Here are some stats that put the UK housing market plight into perspective. RealtyTrac, an online marketplace for foreclosed properties in the US, yesterday released its mid-year market report. It’s good news of sorts. It shows a 25% drop in foreclosure filing in the first half of 2011 compared with the final half of 2010 and a 29% drop on the first half of 2010. And the graph shows the trend has been down over the past 12 months or…