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[24 Dec 2011 | One Comment | 2,099 views]
RealtyTrac reports foreclosures down 90 percent in Arkansas

RealtyTrac reports that the number of foreclosures in Arkansas dropped 90 percent in November compared to the same month a year ago.
Nationally, foreclosures dropped 14 percent. In Arkansas, RealtyTrac reports that there were 160 homes in foreclosure actions in November, down 90.1 percent from 1,610 houses in the same month last year.
Why was Arkansas so out of line with national trends? Michael Tilley of Fort Smith-based The City Wire reported the drop has a lot to do with a September bankruptcy decision from the Eastern Division of Arkansas that decision, …