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Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC]

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Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC] | Keeping Current Matters

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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2 Responses to “Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC]”

  1. Liz Copple June 18, 2016 at 10:48 pm #

    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.

    • The KCM Crew June 20, 2016 at 1:57 pm #

      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.

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