Tag: georgia
PreForeclosure Homes With Equity Up 425%
With housing values rising, it’s no surprise that owners equities are rising quickly too. As of the first quarter of this year, we now have 850,000 more homes with positive equity, according to a new report from Corelogic. This is a 425% increase from the fourth quarter, when we had 200,000 more homes with positive…
Foreclosure Inventory Continue Steep Declines
Completed foreclosures continue to drop – for 17 months in a row – now down 16% from April 2012. 52,000 homes were lost to foreclosure in April 2013 – down from the 62,000 a year ago – but still above the 21,000 per month average between 2000 and 2006. The worst of the foreclosure storm is…