Flood of foreclosures recedes

Published August 25, 2010 4:00am ET



Though foreclosed homes will continue to dot the D.C. area, the worst of the area’s foreclosure crisis is easing, experts say.

Data from RealtyTrac, a California firm that compiles foreclosure information, show the number of filings across the region dropped about 26 percent from July 2009 to July 2010, with most jurisdictions reporting a decline. The number of filings regionwide rose less than 1 percent from June to July 2010.  

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