Monday, December 23, 2013

10 States Facing the Highest Foreclosure Rates

10 States Facing the Highest Foreclosure Rates
The industry’s foreclosure inventory contracted again in November upon continued improvements on the housing and economic fronts.
Although on a monthly basis, the inventory of homes in foreclosure fell slightly by 1.72 percent, year-over-year, it was down 28.81 percent.
The data and analytics firm released a preview of its November 2013 month-end mortgage performance statistics, showing there are now 1,256,000 mortgage loans in foreclosure, or 2.5 percent of all outstanding mortgages nationwide. Foreclosures are falling, but they still remain a problem in some pockets across the country. #Home Foreclosure activity in November was found to be the highest in the following states. See states

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