February’s foreclosure inventory fell to lowest rate since 1999

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A recent pickup in foreclosure activity. would soften a worsening inventory crunch. The number of existing homes for sale fell to 1.74 million in January, down 57% from the peak in 2007 and the.

The national foreclosure inventory included approximately 355,000 homes in July, or 0.9 percent of all residential properties, which is the lowest level for any month since August 2007. One year earlier, the foreclosure inventory stood at 501,000 homes, or 1.3 percent of all residential properties.

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The January 2016 foreclosure inventory rate has been steady at 1.2 percent since October of 2015 and is the lowest for any month since November. "The months’ supply of foreclosure fell to 12 months.

Foreclosures Continue to Decrease, Delinquencies Flat. The percentage of loans in the foreclosure process at the end of the first quarter was 1.74 percent, down three basis points from the previous quarter and 48 basis points lower than one year ago. This was the lowest foreclosure inventory rate seen since the third quarter of 2007.

U.S. Real Estate Trends uses RealtyTrac to learn more about local foreclosure trends at RealtyTrac. Includes local state and local foreclosure market information and statistics.

Mortgage Rates Lowest Since January 2018. root-May 29, 2019. 0.. Rates Close In On Lowest Levels in Over a Year. root-May 15, 2019. 0. Real Estate. February’s foreclosure inventory fell to lowest rate since 1999. root-May 14, 2019. 0. Real Estate. lowest mortgage rates in More Than a Month.

The current foreclosure rate of 1.5 percent is the lowest inventory level since March 2008. "The foreclosure rate fell in every state, with only the District of Columbia seeing a small increase," said.

 · MN unemployment drops to 2.9 percent, lowest rate since 1999 Share this: Click to share on Facebook (Opens in new window). The last time the seasonally adjusted rate fell.

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According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), lower home prices, declining mortgage rates and solid income gains contributed to a rise in housing affordability in Q1 of 2019. The report says that 61.4% of new and existing homes sold between the first of January to end ofRead More

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