RealtyTrac Reports Foreclosure Starts on Pace to Hit 800,000 for Year; REOs Nearly 500,000 for Year: Florida, Nevada, Illinois Post Highest State Foreclosure Rates in First Half

 

IRVINE, CA, July 11, 2013 — RealtyTrac® (www.realtytrac.com), the leading online marketplace for real estate data, today released its Midyear 2013 U.S. Foreclosure Market Report™, which shows a total of 801,359 U.S. properties with foreclosure filings — default notices, scheduled auctions and bank repossessions — in the first half of 2013, a 19 percent decrease from the previous six months and down 23 percent from the first half of 2012.

The report also shows that 0.61 percent of all U.S. housing units (one in 164) had at least one foreclosure filing in the first six months of the year.

For a complete copy of the company’s news release, please contact:

Jennifer von Pohlmann

949.502.8300, ext. 139

jennifer.vonpohlmann@realtytrac.com

Ginny Walker

949.502.8300, ext. 268

ginny.walker@realtytrac.com

Data and Report Licensing:

800.462.5193

datasales@realtytrac.com