Foreclosure Activity Lowest in Seven Years

Irvine, CA, March 21, 2014 -- Foreclosure activity in February fell to its lowest level in more than seven years, according to real estate data firm RealtyTrac.

A total of 112,498 foreclosure filings at various levels were recorded in February, which is the lowest level since December 2006.

The majority of states saw a decline in foreclosure starts, which totaled 51,842 nationwide.

That’s the lowest level since December 2005.