Skip to main content

Real Estate Market in 2015: Foreclosure Inventory Down 34.3% from Last Year

Real Estate Market in 2015: Foreclosure Inventory Down 34.3% from Last Year

According to the latest CoreLogic National Foreclosure Report, “approximately 552,000 homes in the US were in some state of foreclosure as of December 2014”.

This figure is down 34.3% from the 840,000 homes in December of 2013. 

December marked the 38th consecutive month in which there were year-over-year declines.

Anand Nallathambl, the President and CEO of CoreLogic, is hopeful for the future, saying:

“At current foreclosure rates, we expect to see the foreclosure inventory in the U.S. drop below 500,000 homes sometime in the first quarter of 2015 which would be another milestone in the healing of the housing market.”

Even though some states have not recovered completely from the foreclosure crisis, the nation as a whole is on the right track as inventory decreases.

Click here to search Lake County Illinois Homes for Sale.

Jim Starwalt

Thinking of making a move?

Log onto my website at www.StarHomeTeam.com and search Northern Illinois Homes for sale.

Easily search Northern Illinois Homes for Sale with photos, open houses and virtual tours at StarHomeTeam.com

Jim Starwalt, Real Estate Broker
RE/MAX Center
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online

      


Real Estate Market in 2015: Foreclosure Inventory Down 34.3% from Last Year

Comments

Popular posts from this blog

Waterfront Location on Gages Lake: Grayslake Ranch Home for Sale

Waterfront Location on Gages Lake: Grayslake Ranch Home for Sale

33440 N Lake Shore Dr, Grayslake IL 60030




Click here to search Grayslake Homes for Sale.

Jim Starwalt

Thinking of making a move?

Easily search Northern Illinois Homes for Sale with photos, open houses and virtual tours at StarHomeTeam.com

Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online




Waterfront Location on Gages Lake: Grayslake Ranch Home for Sale

Choose Better Homes and Gardens Real Estate Grayslake Agents For all Your Real Estate Needs

Choose Better Homes and Gardens Real Estate Grayslake Agents For all Your Real Estate Needs

Choosing the right real estate agent, when buying or selling your Grayslake home, is paramount to your success.

The benefits of choosing a company with national recognition and a proven strategy will save you time and money.

Contact our office today at 847-548-2625!



Click here to search Grayslake Homes for Sale.

Jim Starwalt

Thinking of making a move?

Easily search Northern Illinois Homes for Sale with photos, open houses and virtual tours at StarHomeTeam.com

Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online





Choose Better Homes and Gardens Real Estate Grayslake Agents For all Your Real Estate Needs

Sell Your Grayslake Home with Better Homes and Gardens Real Estate

Sell Your Grayslake Home with Better Homes and Gardens Real Estate

Thinking about selling your home?

You don't have to do it alone.

Let Better Homes and Gardens Real Estate Star Homes lend a hand - with tools, information, and an agent you can trust.

With intimate knowledge of your area and the expertise necessary to give you a detailed assessment, our Better Homes and Gardens Real Estate Star Homes agent can help you set the right price and put together a comprehensive marketing plan.

Your Better Homes and Gardens Real Estate Star Homes agent will be there to guide you through every step of the listing process.

Ready to take the first step? Call our office now at 847-548-2625!



Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online