Categories: Armonk

Home Foreclosure Numbers Improve, but Still Far to Go | Armonk NY Homes

In the month of January, 48,000 U.S. home foreclosures were completed, down 11.8% month over month and down 19% from 59,000 in January 2013, according to research firm CoreLogic. While an improvement, the number of foreclosures is still well above the 2000 to 2006 average of 21,000 foreclosures per month. CoreLogic notes that since September 2008, some 4.9 million foreclosures have been completed in the United States.

The five states with the highest number of completed foreclosures in the past 12 months were Florida (116,000), Michigan (52,000), Texas (39,000), California (38,000) and Georgia (35,000). The five states with the fewest foreclosures in the 12 months through January were District of Columbia (60), North Dakota (427), Hawaii (526), West Virginia (543) and Wyoming (732).

http://finance.yahoo.com/news/home-foreclosure-numbers-improve-still-133053522.html

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.