"Foreclosure activity in April fell to its lowest level in 74 months, but action is ramping up in some states, says a national foreclosure tracker.
In April, one of every 905 U.S. housing units
received a foreclosure filing, market watcher RealtyTrac says. That was
the lowest level since February 2007 — near the beginning of the
nation's foreclosure crisis — and down 23% from a year ago.
foreclosure activity is increasing in some states where legal procedures
and new laws to protect homeowners had slowed down foreclosures."