Bain Real Estate

Bain Real Estate

Tuesday, February 17, 2015

A Healing Real Estate Market

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.”
The map below shows the percentage of foreclosure inventory in each of the 50 states and Washington, D.C. Thirty-six states have inventory below the national rate of 1.4% and can be seen in two shades of green.

Connecticut has a 2.2% rate and is showing signs of improvement.
CoreLogic Foreclosure Inventory | Keeping Current Matters
Reposted from Keeping Current Matters

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