Foreclosure Activity Rose 4% in March

Irvine, CA, April 16, 2015—Foreclosure activity rose 4% in March over the previous year’s total, according to a new report from RealtyTrac. The jump marked the first year-over-year increase in foreclosure activity since September 2010.

Foreclosures—which includes foreclosure notices, scheduled auctions and bank repossession—were up 20% to 122,060, and bank repossessions rose 49% in March, for a total of 36,152 reclaimed properties.