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View All Blogs- RealtyTrac reports foreclosure filings rise 3% in January
(Posted By Kerri Panchuk)
U.S. foreclosure filings edged up 3% in January as judicial foreclosure states began to see a thaw in delayed foreclosure activity, RealtyTrac said.
The Irvine,Calif.-based firm said foreclosure starts picked up for the first time since the fall 2010 robo-signing crisis in the states of Indiana, Illinois, Pennsylvania and Florida.
Nationwide, the firm reported 210,941 foreclosure filings in January, which includes default notices, scheduled auctions and bank repossessions. While that's up 3% from the previous month, it's still down 19% from January of last year.
By the end of January, one in every 624 housing units was in foreclosure, RealtyTrac said.
Daren Blomquist with RealtyTrac ...
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