Foreclosures at 6-year low

Obama Administration Presents Plans To Wind Down F
A foreclosure/price reduced sign stands in front of a home for sale in Miami, Florida.
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The number of homes entering the path to foreclosure or repossession by lenders has fallen to levels not seen in more than six years, according to new data from RealtyTrac.

The foreclosure listing firm RealtyTrac said the foreclosure numbers in November -- nearly 53,000 -- is down 32 percent from a year ago.

Foreclosure expert Prentiss Cox joins The Daily Circuit to discuss Minnesota foreclosures.

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