Foreclosures Could Set Record This Year

Irvine, CA, Dec. 9, 2010 -- RealtyTrac said more than 3 million households could receive some sort of foreclosure notice this year, up from last year's all-time high of 2.8 million.

RealtyTrac doesn't see a full market recovery until 2014.

Trulia.com, a real estate search and research website, expects prices will decline between 5% and 7% with most of the decline occurring in the first half of next year, due mostly to job losses.