IRVINE, CA, Aug. 15, 2013 — RealtyTrac® (www.realtytrac.com), the nation’s leading source
for comprehensive housing data, today released its U.S. Foreclosure Market
Report™ for July 2013, which shows foreclosure filings — default notices,
scheduled auctions and bank repossessions — were reported on 130,888 U.S.
properties in July, an increase of 2 percent from the 78-month low in June but
still down 32 percent from July 2012.
 |
| Daren Blomquist |
The report also shows one in every 1,001 U.S. housing units
with a foreclosure filing during the month.
“While foreclosures are continuing to boil over in a select
group of markets where state legislation and court rulings kept a lid on
foreclosure activity during the worst of the housing crisis, the foreclosure
boil-over markets are becoming fewer and farther between as lenders have caught
up with the backlog of delayed foreclosures in some of the states with the more
lengthy judicial foreclosure process,” said Daren Blomquist, vice
president of RealtyTrac.
“For example,
Illinois foreclosure activity has now decreased on a year-over-year basis for
eight consecutive months following 11 straight months of annual increases, and
Ohio has seen three consecutive months with annual decreases following eight
straight months with annual increases.
For a complete copy of the company’s news release, please
contact:
Jennifer von Pohlmann
949.502.8300, ext. 139
Ginny Walker
949.502.8300, ext. 268
Data and Report Licensing:
800.462.5193
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