NEW YORK (TheStreet) -- Nearly 1.5 million properties were in some stage of foreclosure in the first quarter of 2013, according to a new quarterly analysis of foreclosure inventory by RealtyTrac.
That is up 9% from a year ago, but is down 32% from the peak in December 2010.
The annual increase in foreclosure inventory at a national level was caused by a 59 percent jump in pre-foreclosure inventory.
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