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Foreclosures Drop to Lowest Level Since Great Recession

Thought this might be of interest to those of you who like to know what’s happening in the Real Estate market. For more on how this may or may not impact on you and your plans personally feel free to contact me or come visit my office any time.

“In another sign that the real estate market has shaken off any remaining vestiges of the 2008-09 “recession”, foreclosures have fallen to their lowest level since 2007. The article, posted at the homepage of the National Association of Realtors is good new for the outlook for future real estate prices.

Over the last 12 months, completed foreclosures have fallen to the lowest level since the Great Recession began in 2007, according to CoreLogic’s April National Foreclosure Report, which shows completed foreclosures fell to 599,000 nationwide.”