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by CareyBot

Foreclosure activity fell 29 percent in the first six months of this year compared to the first six months of 2010, according to a report from foreclosure data site RealtyTrac. A total of 1.17 million properties nationwide received foreclosure filings -- including default notices, auction sale notices or bank repossessions -- in the first half of this year, down 29 percent from the first half of 2010 and 25 percent from the second half, the report said. The nation's foreclosure activity rate was 1 in 111 housing units, or 0.9 percent of all units. Foreclosure activity fell year-over-year for the ninth straight month in June, though it rose nearly 4 percent month-to-month. For the second quarter as a whole, filings fell nearly 11 percent compared to the first quarter and 32 percent compar...