RealtyTrac's June and Midyear 2014 U.S. Foreclosure Market Report notes that a total of 107,194 U.S. properties had a foreclosure filing in June, down 2% from the previous month and down 16% from a year ago to the lowest level since July 2006. Total foreclosure activity in June was the lowest since the housing bubble burst in August 2006 in 10 states, including Texas, Georgia, Colorado, Tennessee, Arizona and Nevada.

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Learn more about markets featured in this article: Memphis, TN.