As the housing market continues at a torrid sales pace, foreclosures retreated in April. Lenders began the legal process of repossessing homes on 11,410 houses and condos throughout the state, down 14.7% from 13,373 in March, according to Acxiom/DataQuick Information Services.
The all-time peak was reached in March 1996 when 15,475 homes fell into foreclosure, but statewide figures over the past 18 months generally have been declining.
