Foreclosures across the country dropped to their lowest level in April since 2007, just-released data from RealtyTrac shows.
Last month, 144,790 properties had foreclosure filings. Non-judicial states such as Nevada, Florida, Ohio, Illinois and South Carolina had the highest foreclosure rates, the report said. The foreclosure process does not have to go through the courts in non-judicial states. Florida had the nation’s second-highest foreclosure rate after Nevada, though filings were down sharply since the 2009 peak, said Daren Blomquist of RealtyTrac. [more]