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RealtyTrac: Foreclosure Activity Drops 7 Percent in June; Up 87 Percent from Year-Ago Levels 

Jul 12, 2007By

RealtyTrac’s monthly numbers are out today, which show that foreclosures eased 7 percent in June from reported levels during May — but still remain 87 percent above year-ago levels. May’s foreclosure numbers were 90 percent above year-ago levels, showing that foreclosure volume remains very, very high (and illustrating that the monthly drop in June is a common trend across the previous year).

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