Foreclosure Inventory Remains at 3% of All Active Mortgages

August 9th, 2012
in econ_news, syndication

Follow up:

... there are three primary reasons to expect that today's housing market really might be different this time

  • lower inventories,
  • lower deliquencies,
  • and the low likelihood of foreclosures flooding the market
- ending the sysyphean slides we have experienced in each of the last three years.

CoreLogic believes that foreclosures are entering the market so slowly, that the market can easily absorb.  Overall, foreclosures are still drifting lower.

read the entire CoreLogic® MarketPulse™ report


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