CoreLogic: Foreclosure Inventory Declines 23.9% Year-over-year

CoreLogic released their National Foreclosure Report for February this morning. CoreLogic reported that the national delinquency rate was at 3.2% in February, the lowest since November 2007. From CoreLogic: Approximately 434,000 homes in the United States were in some stage of foreclosure as of February 2016, compared to 571,000 in February 2015, a decrease of 23.9%. This was the 52nd consecutive month with a year-over-year decline. As of February 2016, the foreclosure inventory represented 1.2% of all homes with a mortgage, compared to 1.5% in February 2015. CoreLogic breaks down the......(read more)

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