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Foreclosure activity drops to pre-recession levels nationwide

Chances are slim that a new foreclosure sign was posted on your block.

The number of foreclosure filings, which include default notices, auctions and bank repossessions, dropped 19% nationwide from a year ago during the first quarter, affecting only roughly 235,000 properties, according to a report released Thursday by real-estate data firm Attom Data Solutions. That figure represents the lowest level of foreclosure activity reported since the third quarter of 2006.

The trend extends to the local level: More than 100 markets fell below pre-recession foreclosure levels, up from 78 markets last year. Among those markets are Los Angeles, Houston and Miami.

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