Of The Top 10 Foreclosure Markets Nationwide, Only 1 Is Getting Worse

Overall, this month's foreclosure report is another positive signal in the housing market. Recovery is underway. For homebuyers looking at foreclosed homes, though, the window for "a deal" may be closing. Since foreclosures became "big business" toward the end of 2008, real estate firms found ways to make buying a foreclosed home faster and cheaper. It's no surprise that distressed properties now account for nearly 1/3 of home resales.