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Are Foreclosures Increasing or Decreasing?




Are Foreclosures Increasing or Decreasing? | Keeping Current Matters

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.

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Foreclosure Inventory Drops As Economy Improves [INFOGRAPHIC]




Foreclosure Inventory Drops As Economy Improves [INFOGRAPHIC] | Keeping Current Matters

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Distressed Property Sales Hit New Low




Distressed Property Sales Hit New Low | Keeping Current Matters

The National Association of Realtors (NAR) just released their Existing Home Sales Report revealing that distressed property sales accounted for 6% of sales in October. This is down from 9% in 2014 and the lowest figure since NAR began tracking distressed sales in October 2008.

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Foreclosure Inventory Hits Lowest Mark in Over 7 Years [INFOGRAPHIC]




Foreclosure Inventory Hits Lowest Mark in Over 7 Years [INFOGRAPHIC] | Keeping Current Matters

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Foreclosure Inventory Down 34.3% from Last Year




Foreclosure Inventory Down 35.5% from Last Year | Keeping Current Matters

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.

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