By Mike Sunnucks /Phoenix Business Journal
The number of foreclosures is at its lowest levels in the U.S. since 2006, according to first quarter foreclosure data from Irvine, California-based ATTOM Data Solutions.
The number of foreclosures also are below pre-recession and real estate crash levels in markets such as Phoenix, Los Angeles, Riverside/San Bernardino, Dallas, Houston, Seattle and Atlanta. The foreclosure picture, however, is different in East Coast markets and Chicago.
ATTOM research found 102 of the 216 largest U.S. metro markets are back to foreclosure levels last seen before the real estate crash and recession that started at the end of 2007.