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Less foreclosures - Lowest level since 2006

Foreclosure activity down in June 2014

Foreclosures in Minneapolis MinnesotaForeclosure activity in June dropped to its lowest level nationwide since before the housing bubble started to burst nearly eight years ago, a new report said Thursday.

The number of homes facing bank auctions, default notices and scheduled auctions totaled 107,194 last month, down 16 percent from June 2013, according to RealtyTrac, a housing industry research firm based in Irvine, Calif.

June’s total was the lowest since July 2006.

Through the first half of 2014, there were 613,874 properties nationwide with foreclosure filings, down 23 percent from the first six months of 2013.

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1 commentJoseph Metzler • July 18 2014 08:12AM
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