Winning Strategies in Real Estate

Good News! Foreclosure Rate Drops to Pre-Crisis Levels

 foreclosure

 

Some Highlights:

  • Only 2.9% of homes are in serious delinquency, down 17.1% from July 2015.
  • This is the 57th consecutive month with a year-over-year decline.
  • The national foreclosure rate has returned to August 2007 levels, at only 0.9%.

 

Tony Morganti, CRS, ABR

330-352-9513

Comment balloon 2 commentsTony Morganti • September 28 2016 06:12AM
Good News! Foreclosure Rate Drops to Pre-Crisis Levels
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Some Highlights: Only 2. 9% of homes are in serious delinquency, down 17. 1% from July 2015. This is the 57th consecutive month with a year-over-year decline. The national foreclosure rate has returned to August 2007 levels, at only 0. 9%. more
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