Inman

RealtyTrac: November foreclosure activity hints at rising tide (CHARTS)

After rising in October, foreclosure activity fell slightly on a monthly basis in November, but some signs point to a coming increase in early 2012, according to a report from foreclosure data site RealtyTrac.

One in every 579 housing units, or 224,394 properties, received a foreclosure filing — a default notice, scheduled auction, or bank repossession — in November. That’s a 3 percent drop from October and a 14 percent drop from November 2010 — the smallest year-over-year decline in the past year.