Tag Archives: Foreclosure Filings Fall 25% in February

RealtyTrac counted a total of 154,281 U.S. properties with foreclosure filings — default notices, scheduled auctions, or bank repossessions — last month. The number is up 2 percent from January, but is down a full 25 percent from February 2012. The number of American homes entering the foreclosure pipeline also declined 25 percent from a year earlier, and bank repossessions tumbled 29 percent year-over-year to land at their lowest volume since September 2007. “At a high level the U.S. foreclosure inferno has been effectively contained and should be reduced to […]