Corcoran Urban Real Estate
 

Foreclosure Inventory Drops

Foreclosure Inventory Drops Foreclosures continue to drop across the nation, according to the June 2015 report from CoreLopic.

Nationally, foreclosure inventory fell 28.9 percent year-over-year and is now only 1.2 percent of the market. Completed foreclosures dropped 14.8 percent.

In Illinois, foreclosure inventory dropped .8 percent year-over-year to 1.6 percent and in Chicago it dropped .9 percent to 1.8 percent. That's a big positive sign for the city and state.

Read more here.