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CoreLogic: Foreclosure inventory drops 33.2% over last January

CoreLogic, in their most recent national foreclosure report, reported that foreclosure inventory has decreased by 23.2% since this time last year. The report also showed that foreclosure inventory has decreased in 49 of the 50 states and that 45 states have posted a year-over-year, double-digit decline (see chart below). Other findings in the.

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BUILDER Foreclosure Inventory Rate Drops to 20-Year Low The serious delinquency rate of 1.4% this March was the lowest for that month since 2006, when it was also 1.4%.

In January 2015, 43,000 U.S. home foreclosures were completed, up 14.7% month-over-month and down 22.5% from a total of 55,000 in January 2014, according to CoreLogic. The research firm also notes.

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Foreclosure inventory in January was down by one-third over the year, although completed foreclosures ticked up over the month, according to CoreLogic’s National Foreclosure Report released.

Distress Share 18.1% 0.2% 33.2% residential Construction. Total residential construction starts saw a large increase this month over last month. This is unusual as starts typically peak in June.. 90+ Days delinquent foreclosure inventory source: CoreLogic Foreclosure Trends 100 90 80.

About 1 million homes are in the foreclosure inventory as of June, CoreLogic reports. That does mark a 28 percent decrease in the foreclosure inventory compared to last year. Forty-nine states reported a year-over-year decline in foreclosure rates in June.

About 1 million homes were in some stage of foreclosure in May, down from 1.4 million in May 2012, a 29 percent decline, according to CoreLogic’s latest foreclosure report. As of May, the foreclosure inventory represented 2.6 percent of all homes with a mortgage – down from 3.5 percent a year prior.

As home equity loans rise, here’s the latest pulse on delinquencies Delinquencies and Home Equity. With interest rates on the rise, first lien originations dropped 16 percent over the year in the first quarter, totaling $380 billion. When it comes to the types of mortgages fixed-rate mortgages continue to dominate the purchase market while ARMS claim just a meager market share.

"Inventory is still fairly low in a lot of markets across. according to real estate data provider CoreLogic. There just aren’t enough homes for sale in many parts of the country, and properties are.

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