This blog is available in English or Spanish:

Foreclosure Inventory Down 34.3% from Last Year

Agents, did you know you can share a personalized version of this post? Learn more!

Foreclosure Inventory Down 35.5% from Last Year | Keeping Current Matters

According to the latest CoreLogic National Foreclosure Report“approximately 552,000 homes in the US were in some state of foreclosure as of December 2014”. This figure is down 34.3% from the 840,000 homes in December of 2013. December marked the 38th consecutive month in which there were year-over-year declines.

Anand Nallathambl, the President and CEO of CoreLogic, is hopeful for the future, saying:

“At current foreclosure rates, we expect to see the foreclosure inventory in the U.S. drop below 500,000 homes sometime in the first quarter of 2015 which would be another milestone in the healing of the housing market.”

The map below shows the percentage of foreclosure inventory in each of the 50 states and Washington, D.C. Thirty-six states have inventory below the national rate of 1.4% and can be seen in two shades of green.

CoreLogic Foreclosure Inventory | Keeping Current Matters

Bottom Line

Even though some states have not recovered completely from the foreclosure crisis, the nation as a whole is on the right track as inventory decreases.

Members: Sign in now to set up your Personalized Posts & start sharing today!

Not a Member Yet? Click Here to learn more about KCM's newest feature, Personalized Posts.

Have You Set Up Personalized Posts Yet? | Keeping Current Matters

About The KCM Crew

We at The KCM Crew believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!

One Response to “Foreclosure Inventory Down 34.3% from Last Year”

  1. Troy Erickson April 14, 2015 at 12:01 am # Reply

    The foreclosure inventory here in Arizona has significantly decreased, especially in 2013 and 2014. Currently the foreclosure inventory is very low.

Leave a Reply