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Foreclosures Are Down!

Big news! CoreLogic’s recent National Foreclosure Report showed foreclosure inventory in the U.S. is down. The inventory measures 29.1 percent  less than the previous year’s total and the number of completed foreclosures also declined by by 16.5 when compared to 2015.

The number of foreclosures decrease at a time when America’s stagnant wages are on the rise for the first time in decades.

 

Source: CoreLogic reports 34K completed foreclosures in July 2016

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