U.S. foreclosure filings fell last month to their lowest point since late 2005, according to data from RealtyTrac.
The number of foreclosure starts across the country dropped to 52,826, a decline of 32 percent from November 2012. More than 113,000 properties were hit with default, auction or repossession notices across the U.S. in November. That is a 15 percent decline month-over-month and the largest monthly drop since 2010. Real estate experts are optimistic that this represents the fading housing crisis in its final gasps. [more]