The current foreclosure rate of 1.2 percent, says CoreLogic in it’s most recent report, is the same as the November 2007 rate. That accounts for a total of 463,000 homes somewhere in the foreclosure process in October 2015.
- DC has a high foreclosure rate when expressed as a percentage of homes with mortgages.
- In the 12 months ending in October, DC had only 76 completed foreclosures.
- The national foreclosure rate is now 1.2 percent.
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Inman Connect New York | January 29 - February 1, 2019