Foreclosures are falling fast. Since reaching a peak in September 2010, the number of foreclosures has plunged 68 percent – from 117,225 nationwide to 38,000 as of July, according to CoreLogic's July 2015 National Foreclosure Report, released this week.
In the past year alone, foreclosure inventory has fallen by nearly 28 percent and completed foreclosures have dropped about 24 percent. Completed foreclosures are the total number of homes actually lost to foreclosure.
Since the financial crisis began in 2008, about 5.8 million completed foreclosures have occurred across the country.
To Read The Entire Article, Please Click Here!
To Discuss Your Home buying & Refinancing Needs, Please Contact The Easterbrook Team
John Easterbrook & Patty Aguon
NMLS# 226555& 994635
John-916.224.7653
Patty-916.833.5063
Team-916.850-6050
Email-EasterbrookTeam@spmc.com
No comments:
Post a Comment