Foreclosures and foreclosure inventory levels have recently slowed in their decline, but will this trend continue to be true in the latest CoreLogic Foreclosure Report, set to be released on Tuesday December 13th.
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Foreclosures Drop Sharply from Last Year
National foreclosure completions in June were up 5 percent from May, but compared to a year ago, the number of foreclosures is definitively down.
Read More »48,000 Foreclosures Completed in March
CoreLogic's latest National Foreclosure Report, utilizing data through March 2014, found that foreclosure inventory is down 5.1 percent from February. The percentage of homes seriously delinquent on their mortgages fell as well to 4.7 percent, the first time the seriously delinquent rate has been this low since October 2008.
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