Active Foreclosures in June Fell to Lowest Level in Nearly 12 Years

– The national delinquency rate fell by 7% in July, offsetting the bulk of June’s calendar-related spike – At 3.46%, July 2019’s delinquency rate is the lowest of any July on record (dating back to 2000) – Both serious delinquencies (-11,000) and active foreclosure inventory (-1,000) fell as well

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Foreclosures fell to their lowest level in nearly eight years in July amid steady job gains and rising home prices. CoreLogic, a group that tracks real estate trends, said Tuesday that there were.

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Foreclosure filings have decreased on an annual basis for 30 months in a row. In March, there were 74,341 properties in the U.S. in foreclosure proceedings. This was up 21 percent from an all-time low.

During the third quarter, more than 304,000 homes were in the process of foreclosure, with about 3.2% being "zombie" foreclosures. While the count of properties in the process of foreclosure is down by nearly 22% since ATTOM’s last foreclosure vacancy report in the same period of 2016, the number that sits empty has dropped nearly in half.

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The report revealed that serious delinquencies or loans that are 90 or more days past due, but not yet in active foreclosure fell to their lowest level in 12 years.

Mortgage delinquencies and foreclosure rates in the U.S. dropped to their lowest level for may in the past 12 years, according to the latest Loan Performance Insights report from CoreLogic, a.

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