Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC]
![Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC] | Keeping Current Matters](https://d3sj2vq3d2xms.cloudfront.net/wp-content/uploads/2016/06/07162807/Corelogic-Foreclosure-KCM.jpg)
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.
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But you didn’t say what the rate was in Oct 2007 at the height of the housing crisis. That would make the information valuable.
Hi Liz,
The infographic actually says that the 1.1% inventory is back to the October 2007 levels. Meaning that in October 2007 there was also 1.1% inventory.