5 States With the Highest Foreclosure Inventories… Is Your State One of These??? http://realtormag.realtor.org/daily-news/2013/05/09/5-states-highest-foreclosure-inventories

DAILY REAL ESTATE NEWS | THURSDAY, MAY 09, 2013

Foreclosures rates are falling, but some states are still battling high levels. According to nationwide averages, the foreclosure inventory as of March represented 2.8 percent of all homes with a mortgage — that’s down from 3.5 percent in February.

In CoreLogic’s latest report reflecting March data, the following five states posted the highest foreclosure inventories (as a percentage of all mortgaged homes):

  • Florida: 9.7 percent
  • New Jersey: 7.3 percent
  • New York: 5 percent
  • Maine: 4.4 percent
  • Illinois: 4.4 percent

Meanwhile, the five states with the lowest foreclosure inventories were:

  • Wyoming: 0.5 percent
  • Alaska: 0.7 percent
  • North Dakota: 0.7 percent
  • Nebraska: 0.9 percent
  • Montana: 0.9 percent

Source: CoreLogic

Read More

Lenders Chip Away at Foreclosure Inventories

 

http://realtormag.realtor.org/daily-news/2013/05/09/5-states-highest-foreclosure-inventories

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