A sure-fire sign of an improving real estate market is the fall of foreclosure activity, and luckily those trends are down throughout the nation for the eighth consecutive month, according to RealtyTrac’s newly released data.
- RealtyTrac reported foreclosure activity is below 2006 levels throughout the nation, but 18 states are still posting gains.
- Los Angeles and Orange counties both posted foreclosure activity falls annually and monthly in May 2016.
- The L.A. metro saw a total of 2,672 homes in foreclosure activity.
LIVE NOW: Inman Connect San Francisco
Tune-in now to catch the livestream. Don't miss this chance to see real estate leaders tackle the industry's top problems.