NEW YORK ( TheStreet) -- Call it a tale of two outlooks on the U.S. home foreclosure front - one for the short term and one for the long term. RealtyTrac, the Irvine, Calif., real estate industry analytical firm, reports this week that home bank repossessions were up by 4% in July. For sure, that figure bears watching for August and September. But the big picture tells a different story. Those figures, RealtyTrac reports, are actually down 32% from July 2012. That's a huge sign that home foreclosures are fading (even though they also are up by 6% in July -- but, again, way down from a year earlier).