RealtyTrac reports that the fall of US home foreclosures to it lowest annual rate this November may indicate a new sign of sales looming in 2012. RealtyTrac shares that foreclosure filings dropped 2.7% from October to 224,394 in November.

James Saccacio, co-founder of RealtyTrac stated, “Despite a seasonal slowdown similar to what we’ve seen in each of the past four years, November’s numbers suggest a new set of incoming foreclosure waves.” He went on to say, “We’re still not out of the woods yet. We have to get jobs going and property values have to move up before we get rid of this overhand of negative equity.”

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