Foreclosure activity is at the lowest level in over a decade

A steep decline in the number of foreclosure filings in Ohio last month helped drive down U.S. foreclosure activity to its lowest level in more than a decade, according to figures released today.

While the real estate market continues to catch fire this summer selling season, foreclosure activity is cooling down – Or is it?. The latest report by RealtyTrac revealed the number of U.S. foreclosure filings was down 20 percent in the first six months of the year, and 11 percent from the first six months of 2015.

5/25/07 The National Association of Realtors reports U.S. existing home sales down 2.6% from March’s pace and the lowest level in over three years. Current inventories of homes for sale represent an 8.4 month supply, the most in 15 years.

June Foreclosure Activity Drops to Lowest Level Since November 2005 There was a total of 73,828 U.S. properties with a foreclosure filing in June 2017, down 9 percent from the previous month and down 22 percent from a year ago to the lowest level since November 2005.

During that time, we have written about inflation fears, deflation risks, and the relationships between price trends and monetary policy, fiscal policy, Treasury debt levels. low seem reasonable..

Blomquist notes that "The foreclosure rebound pattern is not only showing up in judicial states like New Jersey, where foreclosure activity reached a 40-month high in January, but also some non-judicial states like California, where foreclosure starts jumped 57 percent from a year ago, following 17 consecutive months of annual decreases.""

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U.S. Real Estate Trends uses RealtyTrac to learn more about local foreclosure trends at RealtyTrac. Includes local state and local foreclosure market information and statistics.

A slowdown in home buying activity in the last half of the year was partly due to growing concerns over the. under the zero level, the trend for delinquencies should be considered benign. It’s also.

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Metro Atlanta foreclosure notices, down 56 percent in January from the same month a year ago, are at their lowest level in a decade.

Notably, only 177,146 U.S. properties were listed as foreclosure filings, default notices, scheduled auctions or bank repossessions. This is the lowest level since the fourth quarter of 2005.

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