US DATA: RealtyTrac (www.realtytrac.com) Q1 Foreclosure Market
Report shows 572,928 filings, -2% from Q1 and -16% YOY, a 56-mo low. Q1
was the lowest quarterly total since 527,740 in Q4:2007 but it still
shows one in every 230 U.S. housing units with a foreclosure filing
during the quarter. “Foreclosure filings were reported on 198,853 U.S.
properties in March, a 4 percent decrease from February and a 17 percent
decrease from March 2011. March’s total was the lowest monthly total
since July 2007, and also the first monthly total below 200,000 since
July 2007.”