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2013-04-11 — go.com
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The U.S. overall reported 152,500 foreclosures in March, a decrease of 1 percent from February and a decrease of 23 percent from a year before. The March decrease helped lower the total for first quarter U.S. foreclosures--including default notices, scheduled auctions and bank repossessions--to their lowest level since the second quarter of 2007.
Although the overall national trend continues to head downward, RealtyTrac vice president Daren Blomquist says "late-blooming foreclosures are bolting higher" in some local markets where aggressive foreclosure-prevention efforts in previous years are wearing off.
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