Foreclosures Follow Downtrend in First Quarter

Foreclosures in the first quarter of 2017 followed a downtrend, tumbling 11 percent since the last quarter of 2016 and 19 percent since the first quarter of 2016, according to ATTOM Data Solutions’ recently released Q1 and March 2017 U.S. Foreclosure Market Report.
Foreclosures, which totaled 234,508 in the first quarter, continue on at a pre-recession level, says ATTOM Data Solutions Senior Vice President Daren Blomquist. One in every 1,604 properties had a foreclosure filing (bank reposs