Foreclosure inventory hits 15-month low in July
Housing Wire
AUGUST 22, 2023
Foreclosure inventory hit a 15-month low in July representing the continued strength of mortgage performance. July’s foreclosure starts of 26,300 were 4% below the average number of such actions over the preceding 12 months and remain 39% below pre-pandemic levels. Prepayment was still down 28% from July 2022.
Let's personalize your content