Foreclosure activity down 32% year over year

USA TODAY: The nation’s foreclosure crisis continues to abate, but some states still have a long way to go

Foreclosure filings last month — including default notices, auctions and bank repossessions — increased 2% from their 78-month low in June but were still down 32% from a year ago, market researcher RealtyTrac says…

Foreclosures are continuing to “boil over” in a few markets where state laws and court rulings delayed activity for years, but those “markets are becoming fewer and farther between,” says Daren Blomquist, RealtyTrac vice president… (more)

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