Foreclosure filing activity decreased over the past three months by 15% from the last quarter in 2010 and 27% lower than the first quarter of last year, according to the latest RealtyTrac foreclosure market report.

There were 681,153 reported foreclosure filings—default notices, scheduled auctions and bank repossessions—in the first quarter. The report said that one in every 191 housing units in the nation was given a foreclosure filing in the past three months.

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