Friday, September 23, 2016

Good news for the housing market - preforeclosure levels are back to what they were before the housing crisis hit...



Foreclosure Rate Drops to Pre-Crisis Levels


Foreclosure Rate Drops to Pre-Crisis Levels [INFOGRAPHIC] | MyKCM
Some Highlights:
  • 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%.

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