Foreclosure Filings Down 13% in First Half of 2015, Says RealtyTrac

Irvine, CA, July 17, 2015—RealtyTrac released its Midyear 2015 U.S. Foreclosure Market Report, which shows a total of 597,589 U.S. properties with foreclosure filings in the first half of 2015, down 13% from the previous six months and down 3% from the same time period in 2014.

Foreclosure filings include default notices, scheduled auctions and bank repossessions.

A total of 304,439 U.S. properties started the foreclosure process in the first half of the year, down 4% from a year ago and 18% below foreclosure starts in the first half of 2006 before the housing price bubble burst in August 2006.

First-half foreclosure starts in 2015 were at their lowest level in any year since RealtyTrac began tracking in 2006, a ten-year low.