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RealtyTrac: Foreclosure Sales Rise 22% in 3Q

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    FBN’s Adam Shapiro on the sale of foreclosed homes rising 22% in the third quarter from the second quarter.

  • Duration 0:53
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-- -- here Fox Business three stocks continue to drift between gains and losses today is the fiscal cliff negotiations once again.

Our focus for investors right now the Dow is up.

Roughly 35 points a new survey says plans by small businesses to hire workers fell to their lowest level in three years last month.

According to the quarterly Wells Fargo Gallup small business index survey -- 1% of small business owners.

Planned to cut payrolls while only 17% plan to boost hiring.

The survey comes just one day ahead of the Labor Department's big monthly jobs report.

Sales of homes facing foreclosure jumped 22% in the third quarter outpacing sales and -- The latest data from realty track reflects increased efforts by lenders to avoid for closing on -- Without pay mortgages.

Short sales accounted for 65% of properties in some stage of foreclosure.