October 11th - 2013

Market Watch: U.S. foreclosures down from last year

Foreclosure inventories fell 32 per cent in July compared to the previous year, another sign that the foreclosure crisis in the U.S. may finally be over, according to the latest foreclosure report released by CoreLogic and posted to the newsroom of the National Association of REALTORS® (NAR).

Foreclosure inventories fell 32 per cent in July compared to the previous year, another sign that the foreclosure crisis in the U.S. may finally be over, according to the latest foreclosure report released by CoreLogic and posted to the newsroom of the National Association of REALTORS® (NAR). This year, some 949,000 homes were in some stage of foreclosure compared to 1.4 million in the same month a year ago. Visit www.REALTOR.org for details.

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Jean-Adrien Delicano

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