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.

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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.