U.S. Foreclosure Activity at 10-Year Low
According to a series of new data released by RealtyTrac on Thursday, foreclosure activity across the United States has dropped to the lowest level we’ve seen in a decade.
According to Reuters, foreclosure starts fell 4 percent in the first half of 2015, while foreclosure activity overall is down 13 percent from the second half of last year.
“U.S. foreclosure starts have not only returned to pre-housing crisis levels, they have fallen well below those pre-crisis levels and are still searching for a floor,” said Daren Blomquist, RealtyTrac vice president.
Image via flickr/Taber Andrew Bain