Lenders seized 36,964 U.S. homes in July, 31 percent fewer than a year earlier, reports RealtyTrac. The firm calculates that foreclosures are on pace to reach almost 490,000 by the end of December, a total that will reflect a 27 percent decrease from 2012 and the lowest whole-year volume since 2007. Home repossessions crested at 1.05 million three years ago and have been in a downward pattern since. The trend has been fed by rising property prices in response to steady employment gains and persistently low mortgage interest, and banks also are initiating fewer foreclosures in the first place. Florida led the country in foreclosures last month, RealtyTrac noted, at more than triple the national average.