Foreclosure activity hits lowest level in eight years

Foreclosure activity hits lowest level in eight years: "Foreclosure activity has been falling steadily for the past few years as the housing market recovers, but the latest reading shows it has hit a new milestone.

According to RealtyTrac, a foreclosure sales and analytics company, 107,194 U.S. properties had a foreclosure filing in June—the lowest level since July 2006, before the housing price bubble burst."

'via Blog this'