Foreclosure filings dropped to their lowest level in more than four years for the quarter ended March 31, according to RealtyTrac.
The measure – which includes default notices, foreclosure auctions and real estate owned properties – also fell to a 56-month low in March, dipping below 200,000 for the first time since July 2007.
Filings in the first quarter fell 2% and 16% from a quarter and year earlier.
