Foreclosures Drop

Half million dollar house in Salinas, Californ...

Foreclosures Drop

Foreclosure fillings hit a seven year low in February 2014, according to RealtyTrac’s monthly foreclosure report.

There were 112,498 foreclosure filings in February, a 10 percent decrease from January and a 27 percent drop from the same time in 2013.

This level of foreclosure filings, which includes default notices, scheduled auctions, and bank repossessions, is the lowest monthly total since December 2006

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