U.S. Foreclosure Inventory Dips in February, Increases 9 Percent Compared to February 2005

U.S. Foreclosure Inventory Dips in February, Increases 9 Percent Compared to February 2005: "According to data released
today by Foreclosure.com, 88,093 foreclosed residential properties were
available for sale in the United States during February -- a decrease of 7
percent from January. The total number of new foreclosures listed for sale in
February -- 21,402 -- dropped by 10.8 percent from the prior month.
February marks the second consecutive month of declining new foreclosures
in the United States. However, a year-to-year comparison of new foreclosures
shows a 9 percent increase in the number of listings in February 2006 as
compared to February 2005."
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