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Foreclosures Inched Up in July, but Still Down From 2013

 

August 14 - In July,  foreclosure filings increased by 2 percent over June, according to RealtyTrac. Such filings included default notices, scheduled auctions and bank repossessions on 109,434 U.S. properties; although it was an increase from the previous month, the figure represented a 16 percent decrease from a year ago, said RealtyTrac.

July was the 46th consecutive month where U.S. foreclosure activity was down on a year-over-year basis.  After nearly four years of falling foreclosures, there is evidence that foreclosure numbers are normalizing at the national level.

Other findings from the report include:



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