IRVINE, CA – RealtyTrac® (www.realtytrac.com), the nation�fs leading source for
comprehensive housing data, released its Year-End 2014 U.S. Foreclosure Market
Report™, which shows foreclosure filings — default notices, scheduled auctions
and bank repossessions — were reported on 1,117,426 U.S. properties in 2014,
down 18 percent from 2013 and down 61 percent from the peak of 2,871,891
properties with foreclosure filings in 2010.
The 1.1 million properties with foreclosure filings in 2014
was the lowest annual total since 2006, when there were 717,522 properties with
foreclosure filings nationwide.
The report also shows that 0.85 percent of all U.S. housing
units (one in every 118) had at least one foreclosure filing in 2014, the first
time since 2006 that the annual foreclosure rate has been below 1 percent of
all housing units.
For a complete
copy of the company’s news release, please contact:
Jennifer
Von Pohlmann
949.502.8300, ext. 139
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