Foreclosures finally return to pre-housing crisis levels

Foreclosures

Foreclosures By Clare Trapasso | realtor.com

For those who associate foreclosure signs, shuttered homes, and idling cars overflowing with family possessions with the deepest, darkest moments of the subprime mortgage housing crisis—and that means pretty much all of us—there was some good news this week. The numbers have been tabulated, and it turns out that U.S. foreclosures fell to their lowest levels last year since the housing crisis began, according to a recently released report.

Foreclosures plummeted almost 27%, from 603,028 in 2014 to 476,000 in 2015, according to CoreLogic.

Continued:

Share this!

Additional Articles

New home sales post solid gain in March

By NAHB Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

February 2016
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
29