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  • Chalet To Be Relocated

    enchalet1Park officials say the Enchanted Valley Chalet in Olympic National Park is being relocated to protect the east fork of the Quinault River. Enchanted Valley will be closed to camping for the first two weeks of September, while the move takes… Read More +

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  • Drones Banned At Olympic National Park

    drone policeOlympic National Park officials have banned the use of drones within park boundaries. The ban was approved by Superintendent M. Sarah Creachbaum last week, following a directive from the National Parks Service that ordered superintendents in its 401 parks to… Read More +

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  • Mariners Lose To Athletics 6-1

    mariners 8The fired-up Oakland Athletics came out swinging, and Chris Young's day was short-lived. Newcomer Adam Dunn hit a two-run homer as Oakland jumped to a five-run lead in the first, and Young failed to make it out of the inning as Seattle lost 6-1 to the Athletics on Monday. "I wasn't sharp. My stuff wasn't good, it was flat," Young said. "They came out super-aggressive, you could see it.

    Read More
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Foreclosure Filings Drop 2%; Starts Hit Eight-Year Low

b_250_0_16777215_00_images_obgrabber_2013-09_892248b3be.jpgiStockPhoto/Thinkstock (NEW YORK) -- Foreclosure activity in the U.S. dropped 2 percent in August, marking the 35th consecutive month in which the figure has fallen on an annual basis, the latest report from RealtyTrac shows. The foreclosure tracking firm says 128,560 properties received a foreclosure filing last month, a decrease of 34 percent from August 2012.

RealtyTrac attributes the drop mostly to a smaller number of foreclosure starts in August.

"A total of 55,775 U.S. properties started the foreclosure process during the month, down 44 percent from a year ago to the lowest level since December 2005," the report states.

But one figure was up last month: Bank repossessions.

"That actually I believe is a function of the recovering market.  The banks now feel more comfortable foreclosing because home prices are higher.  They know when they foreclose, that they can actually recoup more of their losses now than they would have even a year ago," RealtyTrac Vice President Daren Blomquist explains to ABC News Radio.

Foreclosure completions rose 6 percent in August and were up in 26 states.

Copyright 2013 ABC News Radio

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