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Foreclosure Rates Fall to 2.6%

Foreclosure Rates Fall to 2.6%

| Jul 10, 2013 | Housing Market

Foreclosure rates continue to decrease in the United states according to CoreLogic. May 2013 had 19,000 fewer Foreclosure listings than May 2012, averaging 52,000 completed foreclosures. The amount of homes in some stage of the Foreclosure process has also fallen. Foreclosure inventory in May 2013 accounted for 2.6% of all mortgages. Additionally, the state of Florida had the most foreclosures from May 2012 to May 2013 with California, Michigan, Texas and Georgia following. More here

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