IRVINE, CA — RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its U.S. Foreclosure Market Report™ for July 2012, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 191,925 U.S. properties in July, a decrease of 3 percent from the previous month and a decrease of 10 percent from July 2011.
The report also shows one in every 686 U.S. housing units with a foreclosure filing during the month.
“U.S. foreclosure activity continued its uneven descent in July as the overall numbers declined on an annual basis for the 22nd straight month, but properties starting the foreclosure process increased on an annual basis for the third straight month,” said Daren Blomquist (top right photo), Vice President of RealtyTrac.
For a complete copy of the company’s news release and full statistics, please contact:
Christine Stricker
949.502.8300, ext. 268
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