CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way through to present day.
- Only 2.9% of homes are in serious delinquency, down 17.1% from July 2015.
- This is the 57th consecutive month with a year-over-year decline.
- The national foreclosure rate has returned to August 2007 levels, at only 0.9%.
Algunos aspectos destacados:
- Según CoreLogic, la tasa nacional de ejecuciones hipotecarias cayó a 1.1 % de todas las casas con una hipoteca. Este es el porcentaje más bajo experimentado desde octubre 2007.
- Abril marco el 54° mes consecutivo con descenso año tras año en el inventario de las ejecuciones.
- Solo 3 % de las casas en los estados unidos están con morosidad grave. Más y más propietarios de casa están escapando de la plusvalía negativa con la subida de los precios.
Recently, there has been a lot of talk about the size of the foreclosure inventory in the nation. There has been some speculation that distressed property inventories are about to skyrocket. Today, we want to reveal what is actually taking place in this segment of the housing market.
According to the latest CoreLogic National Foreclosure Report, “approximately 552,000 homes in the US were in some state of foreclosure as of December 2014”. This figure is down 34.3% from the 840,000 homes in December of 2013. December marked the 38th consecutive month in which there were year-over-year declines.
Anand Nallathambl, the President and CEO of CoreLogic, is hopeful for the future, saying:
“At current foreclosure rates, we expect to see the foreclosure inventory in the U.S. drop below 500,000 homes sometime in the first quarter of 2015 which would be another milestone in the healing of the housing market.”
The map below shows the percentage of foreclosure inventory in each of the 50 states and Washington, D.C. Thirty-six states have inventory below the national rate of 1.4% and can be seen in two shades of green.
Even though some states have not recovered completely from the foreclosure crisis, the nation as a whole is on the right track as inventory decreases.