It's been 7 years since the mortgage meltdown when bank-owned properties flooded the market. Today completed foreclosures are down to half of what they would be in a normal market… except in a handful of states where it’s not over yet.
According to CoreLogic’s April 2016 National Foreclosure Report, foreclosure inventory declined by 23% and completed foreclosures declined by 15.8% compared to last year at the same time.
The number of completed foreclosures nationwide was 37,000, which is 69% less than the peak of September of 2010 when there were over 117,000.
Find out which states have the most foreclosures by visiting:
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