Foreclosure filings involving default notices, scheduled auctions and bank repossessions were down 3% in November across the country from the previous month, according to RealtyTrac‘s latest foreclosure report.
Servicers and banks recorded foreclosure filings for 224,394 properties in November, a year-over-year difference of 14%, which marks the smallest annual decrease over the past 12 months.
The Irvine, Calif.-based analytic firm reported that that one in every 579 housing units filed for foreclosure during the month.
