Items Tagged with 'foreclosure inventory'

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Foreclosure inventory declines another 30%

Hovers slightly above pre-crisis levels
Foreclosures dropped once again by 30% for the year ending in November 2016, according to CoreLogic’s new report. Now, foreclosure numbers are hovering slightly above pre-crisis numbers. In fact, the number of homes in serious delinquency hit the lowest point since 2007.
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CoreLogic: Completed foreclosures reverse trend, increase

But foreclosure inventory decreases
Foreclosures increased slightly from last month, but continue to decrease annually. And while the number of homes lost to foreclosure is up, there are no new homes moving into foreclosure to take their place. Foreclosure inventory continues to decrease both monthly and yearly.
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Homeowners facing foreclosure hit 9-year low

Black Knight report shows only 1% of all mortgages in active foreclosure
A new report from Black Knight Financial Services shows that by one metric, the housing market is healthier than it’s been since the crisis began. According to new data released Tuesday morning by Black Knight, the rate of loans in active foreclosure is lower right now than at any point in the last nine years.
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CoreLogic: Foreclosure inventory plummets in July

Decreases nearly 30% from last year
Foreclosure inventory deceased significantly in July, falling nearly 30% from last year. Completed foreclosures and delinquencies are also down in almost every state, and judicial states continue to work through their large amount of foreclosure inventory.
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Equifax: Mortgage defaults projected to keep going down

The ten states with the highest write-offs
The remnants of the financial crisis continue to slowly disappear as the number of foreclosures begin to return to levels witnessed before 2008. This news isn’t universal though as some areas remain elevated. Here's what Amy Crews Cutts, senior vice president and chief economist at Equifax, says is keeping the housing market healthy, along what areas aren't seeing results.
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Foreclosure starts now at pre-crisis levels

Lowest active foreclosures since 2007
Foreclosure inventory decreased to numbers not seen in almost 9 years, while foreclosure starts are now at pre-crisis levels. Delinquencies increased monthly in May, but experts from Black Knight aren’t concerned. Here’s why.
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