First Quarter Foreclosure Activity Mixed

Quarterly foreclosure activity increased in 2012′s first quarter for 114 of the 212 metropolitan areas followed by RealtyTrac, according to a new study by the research firm.
The study, however, was not entirely negative. Though foreclosures did increase in 26 of the U.S.’ 50 largest metro areas, with the biggest increases in Pittsburgh,�Indianapolis�and Philadelphia, it also decreased by wide margins in similarly large cities, such as the 28 percent decline in Portland, 26 percent decline in Las Vegas and 21 percent fall in Boston and San Jose.
And even with the quarterly ...

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