Though signs of recovery in the housing market are emerging, many are still in danger of losing their homes to foreclosure–some of them even face losing two or three homes.
The problem is especially visible in areas that attracted speculative buyers during the boom, for example Dorchester MA. Multiple foreclosures are “probably more common in this decade than they’ve ever been because everyone was running to get into the real estate investing business,” said Rick Sharga, a senior vice president at RealtyTrac.
