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Fewer foreclosures<\/a> are on the market. First-quarter foreclosure<\/a> activity has fallen below pre-recession levels nationwide in 102 out of 216 metro areas analyzed, according to ATTOM Data Solutions. Still, a few markets are showing elevated levels of foreclosures.<\/p>\n Read more<\/strong>: Where Foreclosure Backlogs Remain a Problem<\/span><\/p>\n<\/blockquote>\n For example, first-quarter foreclosure activity levels were still above pre-recession averages in Philadelphia (97 percent above); New York (80 percent above); Washington, D.C. (64 percent above); Boston (26 percent above); and Chicago (9 percent above).<\/p>\n Nationally, one in every 1,604 properties had a foreclosure filing in March, according to ATTOM Data Solutions\u2019 report. The following metro areas with populations of at least 200,000 had the highest foreclosure rates in March:<\/p>\n Additional metros among the top 10 list of foreclosure rates in March were Reading, Pa.; Las Vegas; Chicago; Baltimore; and Ocala, Fla.<\/p>\n A handful of metros also are posting year-over-year increases in foreclosure activity, such as New Jersey (34 percent increase); Oklahoma (13 percent); and Louisiana (7 percent increase).<\/p>\n Foreclosures sold for an average discount of 18 percent below market value in February, according to the National Association of REALTORS\u00ae.\u00a0<\/p>\n Source: RealtyTrac<\/em><\/p>\n<\/div>\n<\/div>\n [ad_2]\n
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