Foreclosure Rate Drops To New PostCrisis Low

Foreclosure Rate Drops To New PostCrisis Low

Foreclosure Rate Drops


Some Highlights:

  • According to CoreLogic, the national foreclosure rate dropped to 1.1% of all homes with a mortgage. This is the lowest percentage experienced since October 2007.

  • April marked the 54th consecutive month of year-over-year declines in foreclosure inventory.

  • Only 3% of homes in the United States are in serious delinquency. More and more homeowners are escaping negative equity as prices rise.


Derrick Houston Headshot
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Phone: 214-385-1221
Dated: June 17th 2016
Views: 283
About Derrick: Derrick has been in real estate for seven years. Before embarking on a career in real estate, Derric...

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