DC foreclosure activity surging annually, report says

RealtyTrac released data finding that nationally foreclosure rates have fallen for the eighth consecutive month
  • RealtyTrac reported foreclosure activity is below 2006 levels throughout the nation, but 18 states are still posting gains.
  • The District of Columbia saw a 230.43 percent annual increase in foreclosure activity.
  • A total of 1,857 homes were in the foreclosure process or under foreclosure in the metro area.

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.