RealtyTrac chief economist Daren Blomquist gives the highlight real for RealtyTrac's U.S. Foreclosure Market Report for August 2014, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions--were reported on 116,913 U.S. properties in August, an increase of 7% from the previous month but still down 9% from a year ago--the smallest decrease in the last 47 consecutive months of year-over-year declines in U.S. foreclosure activity.

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