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.

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