Foreclosure filings--default notices, scheduled auctions and bank repossessions — were reported on 1,083,572 U.S. properties in 2015, down 3 percent from 2014 and down 62 percent from the peak of 2,871,891 properties with foreclosure filings in 2010. The nearly 1.1 million properties with foreclosure filings in 2015 was the lowest annual total since 2006.

The report, RealtyTrac's Year-End 2015 U.S. Foreclosure Market Report, with RealtyTrac vp Daren Blomquist commenting, shows that at least this dimension of the housing market is at or close to normal after a wild ride leading to and after the Great Recession. Blomquist notes that while there are some local blips and legacy volume due to jurisdictional process, things are cool:

Now, let's get lending and credit access back to where it can be regarded as a healthy normal.

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