IRVINE, Calif. – March 10, 2011 — RealtyTrac®, the leading online marketplace for foreclosure properties, today released its U.S. Foreclosure Market Report™ for February 2011, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 225,101 U.S. properties in February, a 14 percent decrease from the previous month and a 27 percent decrease from February 2010 — the biggest year-over-year decrease since RealtyTrac began issuing its report in 2005. The report also shows one in every 577 U.S. housing units with a foreclosure filing during the month. Click here for more
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