Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC]
![Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC] | Simplifying The Market](https://files.keepingcurrentmatters.com/wp-content/uploads/2016/06/Corelogic-Foreclosure-STM.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.
Are Foreclosures Increasing or Decreasing?
Recently, there has been a lot of talk about the size of the foreclosure inventory in the nation. There has been some speculation that distressed property inventories are about to skyrocket. Today, we want to reveal what is actually taking place in this segment of the housing market.
Foreclosure Inventory Drops As Economy Improves [INFOGRAPHIC]
![Foreclosure Inventory Drops As Economy Improves [INFOGRAPHIC] | Simplifying The Market](https://files.keepingcurrentmatters.com/wp-content/uploads/2015/12/Corelogic-Foreclosure-STM.jpg)
Some Highlights:
- Foreclosure Inventory has dropped year-over-year for the last 4 years (48 months).
- Only 3.4% of US homes are in serious delinquency.
- 29 states have a foreclosure inventory rate lower than the national average.
- For more information you can download the full report here
Distressed Property Sales Hit New Low
The National Association of Realtors (NAR) just released their Existing Home Sales Report revealing that distressed property sales accounted for 6% of sales in October. This is down from 9% in 2014 and the lowest figure since NAR began tracking distressed sales in October 2008.
Foreclosure Inventory Hits Lowest Mark in Over 7 Years [INFOGRAPHIC]
![Foreclosure Inventory Hits Lowest Mark in Over 7 Years [INFOGRAPHIC] | Simplifying The Market](https://files.keepingcurrentmatters.com/wp-content/uploads/2015/08/Corelogic-Foreclosure-STM.jpg)
Foreclosure Inventory Down 34.3% from Last Year
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 th...
National Foreclosure Inventory [INFOGRAPHIC]
![National Foreclosure Inventory [INFOGRAPHIC] | Keeping Current Matters](https://www.keepingcurrentmatters.com/wp-content/uploads/2014/08/20140822-Corelogic-Foreclosure-Infographic.jpg)
Foreclosure Inventory Down 37% over Last Year!
According to the latest CoreLogic National Foreclosure Report, “approximately 660,000 homes in the US were in some state of foreclosure as of May 2014”. This figure is down 37% from the 1 million homes in May of 2013. May marked the 31st consecut...
