According to RealtyTrac’s February 2010 U.S. Foreclosure Market Report, foreclosure filings fell for the second straight month. The report, which measures the number of default notices, scheduled auctions, and bank repossessions, showed filings reported on 308,524 properties, down 2 percent from January, but up 6 percent from a year ago. James J. Saccacio, chief executive officer of RealtyTrac, said the year-over-year increase was the smallest annual increase since January 2006. More here.
Theresa Springer’s Blog
Foreclosure Filings Fall in February
March 11, 2010
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