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Foreclosure Rate Drops to New Post-Crisis Low
Some Highlights:
- According to CoreLogic, the national foreclosure rate dropped to 1.1% of all homes with a mortgage. This is the lowest percentage experienced since October 2007.
- April marked the 54th consecutive month of year-over-year declines in foreclosure inventory.
- Only 3% of homes in the United States are in serious delinquency. More and more homeowners are escaping negative equity as prices rise.
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![Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC] | Simplifying The Market](http://www.simplifyingthemarket.com/wp-content/uploads/2016/06/Corelogic-Foreclosure-STM.jpg?a=240219-a0d422b32246954045ab854066d8c3f4)
