Depending on how you count it, DC is a foreclosure leader

  • 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.

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.