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Foreclosures rise for first time in year as backlogs ease

BOSTON — U.S. lenders started foreclosures on more properties in the third quarter, the first increase in a year, as a backlog stemming from claims of faulty home seizures began to ease.

2011 may be worst year for new-home sales in Las Vegas

With two months remaining in the year, it looks like 2011 could be the worst year on record for new-home sales in Las Vegas, the latest figures from Home Builders Research show.