Consistent with reports that we are once again in a booming housing market, housing data firm CoreLogic reports foreclosure inventory was down 25.9 percent year-over-year in June. Foreclosure inventory is defined as the number of homes at some stage of the foreclosure process.
- In June, 375,000 homes were in some state of the foreclosure process.
- Foreclosure inventory was down 25.9 percent year-over-year in June.
- June’s number of lost homes due to foreclosure marks a 67.5 percent drop from the national peak in September 2010.