In what is no surprise to anyone who has followed the housing market for the past few years, the number of foreclosure filings increased nationwide in October, the third month in a row, by 7%. Even though the overall foreclosure rate is still down 31% year over year, the monthly increase is a troubling portent of the future for the housing market and foreclosures in general.

Approximately 230,678 properties in the U.S. Full Article…

During a property valuation conducted by the Quotable Value (QV), it has come to light that house values have remained stable nationwide for the month of July in New Zealand. However, it has been reported that in the coming months the house values in central Auckland and Christchurch are on the verge of increasing.
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