Winning Strategies in Real Estate: Good News! Foreclosure Rate Drops to Pre-Crisis Levels

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

Comments

Thanks for sharing this report.

I hope you are enjoying a most productive month.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) over 1 year ago

Hi, I enjoyed your blog this evening, glad I came across it, while looking for another subject matter.

Posted by Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA (Winston Realty, Inc.) over 1 year ago

Participate