Foreclosure Activity Increases in 32 States

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Foreclosure Activity Increases in 32 States

There were a total of 327,258 U.S. properties with foreclosure filings in the third quarter of 2015, down 5 percent from the previous quarter but up 3 percent from the third quarter of 2014, according to Realty Trac’s recently released Q3 and September 2015 U.S. Foreclosure Market Report.

The annual increase in the third quarter marked the second consecutive quarter where U.S. foreclosure activity increased on a year-over-year basis following 19 consecutive quarters of a total of year-over-year decreases.

Among the nation’s 20 largest metro areas, those posting the biggest decrease in foreclosure activity in the third quarter of 2015 compared to a year ago were Riverside-San Bernardino (in Southern California (down 21 percent), Los Angeles, California, (down 21 percent), San Diego, California (down 20 percent and Miami, Florida (down 16 percent).

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