Weel after Week/ Month to Month, Either the newspaper,(starnews), or WECT/FOX, keeps reporting that homes Sales/Builder's are on the Rise, Prices are on the "re-bound", Sales are going back *UP*, ad-nauseum..
ONE other News Station, Likened to the *Jerry Springer Show" for a news outlet reports "nuggets" of truth every once in awhile..
Such as this..

Foreclosure rates in Wilmington on the rise

A new housing report out today indicates foreclosure rates in the Wilmington area are on the rise. These figures, coming from CoreLogic, show foreclosure rates in December 2011 at just over 2 3/4%

While that's up from this same time last year, the Wilmington rate is actually lower than the national foreclosure rate.

That rate sits at over 3 1/4%.

The report also says homeowners are having trouble keeping up with their house payments.

The local mortgage delinquency rate is at nearly 6%, more than it was at this time last year.


http://www.wwaytv3.com/2012/03/13/forecl....

No.