Gary Pierpont Blog

Foreclosure Completions Fall

December 10, 2013 by garypierpontblog

Foreclosure completions in the U.S. fell approximately one third from last year, averaging 48,000 in October according to CoreLogics National Foreclosure Report. As completed foreclosures decrease, experts and consumers are gaining higher confidence in the housing market. The president and CEO of CoreLogic, Anand Nallathambi said, “the scourge of an elevated foreclosure inventory is easing. In October, every state posted a year-over-year decline in completed foreclosures, which is positive news.” More here

Filed Under: Housing Market Tagged With: First Home Mortgage, Gary Pierpont, Greenbelt, MD

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