Idaho Market News & Blog

"Foreclosure filings drop to 5-year low in September"
Oct 19, 2012

"Substantial decreases in some states hard-hit by the collapse of the housing bubble helped reduce filings to 180,427 last month, down 7 percent from August and 16 percent from a year earlier, according to foreclosure listing firm RealtyTrac.

The last time filings were that low was in July 2007.

Filings for the three-month period ending in September also were the lowest since the fourth quarter of 2007. RealtyTrac said there were 531,576 filings in the period, down 5 percent from the second quarter and 13 percent year-over-year, the ninth-straight quarter with an annual decrease."


Read more here: http://www.idahostatesman.com/2012/10/11/2306486/foreclosure-filings-drop-to-5.html#storylink=cpy

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