Foreclosure activity was below pre-recession levels in 78 out of 216 U.S. metropolitan statistical areas in the first quarter of 2016, according to RealtyTrac’s latest Foreclosure Market Report.

Nationwide, foreclosure filings were reported on 289,116 U.S. properties in the first quarter of 2016, down 4% from the previous quarter and down 8% from the first quarter of 2015 to the lowest quarterly total since the fourth quarter of 2006, a more than nine-year low.

Despite a seasonal bump higher in March, foreclosure activity in most markets continues to trend lower and back toward more healthy, stable levels,” said Daren Blomquist, senior vice president at RealtyTrac. “More than one-third of the 216 local markets we analyzed were below their pre-recession foreclosure activity averages in the first quarter, and we would expect a growing number of markets to move below that milestone the rest of this year — while the number of markets with a lingering low-grade fever of foreclosure activity continues to shrink.”

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