Foreclosure activity is at the lowest level in over a decade

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 · The 1.9 percent serious delinquency rate in June, July, August and September of this year marks the lowest level for any month since October 2007 when it was also 1.9 percent, and is also the lowest for the month of September since 2007 when the serious delinquency rate was 1.8 percent.

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Foreclosures filed against Butler County homeowners in 2013 dropped to their lowest level in a decade as the effects of the economic. But, as Staler points out, the foreclosure problem isn’t over.

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 · Condo sales this year have fallen to the lowest level in a decade, while the number of units listed for sale in September reached its highest mark for any month in nearly 11 years.

September Foreclosure Activity Decreases 24 Percent From a Year Ago to Lowest Level Since December 2005. Q3 2016 Foreclosure Activity Down 10 Percent From a Year Ago; Average Time to Foreclose Down Annually for First Time in Report History; Share of Foreclosure Auctions Sold to Investors Back Above Pre-Recession Levels.

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Minnesota foreclosures reach lowest level in more than a decade. ramsey county remains relatively high compared to its neighbors, with nearly 4 of every 1,000 homes going to foreclosure last year. That’s down, though, nearly 80 percent compared to six years’ earlier. Hennepin County is at about 3 per 1,000, also down more than 80 percent from the height of the crisis.

This is the reason foreclosure activity has plummeted to very low levels. Contrary to the trend nationwide, the foreclosure activity in Q3 of 2017 was over pre-recession averages in 94 of 217 (43%) of metropolitan areas evaluated in the report, which included cities like Baltimore, New York, Washington, D.C, Virginia Beach and Philadelphia

U.S. Foreclosure Activity Drops To 10-Year Low.. Market Report shows foreclosure filings down 14 percent from 2015 to the lowest level since 2006. Foreclosure. down 17 percent from a year ago – the 15 th consecutive month with a year-over-year decrease in foreclosure activity.

Foreclosure filings in the U.S. have remained below pre-recession levels for the past 18 months. properties with foreclosure proceedings started was up 4 percent last quarter but down 19 percent from a year ago, according to a Thursday news release from attom data solutions, a national property database.