US Foreclosure Activity Up 7 Percent in August, RealtyTrac [View all]

[Purveyor]

Source: Realty Today

Foreclosure activity in the United States ticked up seven percent in August, according to property intelligence firm's RealtyTrac's latest market report.

The report found that about 116,913 properties in the U.S. were either seized by the bank, scheduled for auctions or given default notices in the month of August.

Foreclosure starts were also up 12 percent in August on a month-over-month basis, but remained unchanged from the same time last year.

The number of properties put up for foreclosure auction was 51,192 - down one percent from a month ago, but up one percent from a year ago.

Read more: http://www.realtytoday.com/articles/6385/20140911/foreclosure-activity-up-7-percent-august-realtytrac.htm