U.S. quarterly foreclosure hit all-time low since 2007

2014-04-16T16:07:27+00:00

Due to continuous economic recovery, in March the housing market observed an all-time low in foreclosure rates since 2007. Data from RealtyTrac indicates that nationwide foreclosure activity plunged by 23% in the first quarter, which is the lowest recording since 2007. Reports said, at least 117,485 homes in the U.S. have default notices, are being acquired [...]