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U.S. Foreclosure Activity is the Lowest It's Been since July 2006

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RealtyTrac® released its US Foreclosure Market Report™ for February 2015.  The report shows that foreclosures were down 4 percent since January, and down 9 percent from a year ago.  This is the lowest percent of foreclosures since July 2006.

In February, one in every 1,295 houses filed for foreclosure.  The report suggests that the national foreclosure rate will probably return to historic norms and possibly even fall below them.  

 

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