[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2to8y50cs9mdd":3,"$fbwk2pqjjqsc7":33},{"item":4,"previous":23,"next":28},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":21,"updatedAt":22},90,"foreclosure-inventory-down-37-over-last-year","Foreclosure Inventory Down 37% over Last Year!","\r\n\r\nAccording to the latest CoreLogic National Foreclosure Report, “approximately 660,000 homes in the US were in some state of foreclosure as of May 2014”. This figure is down 37% from the 1 million homes in May of 2013. May marked the 31st consecut...","","blog","https:\u002F\u002F\u002F","\u003Cimg class=\"alignnone wp-image-31505\" src=\"https:\u002F\u002Fwww.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F07\u002Fforeclosures-over.jpg\" alt=\"Foreclosures Down 37% From Last Year | Keeping Current Matters\" width=\"600\" height=\"315\" \u002F>\r\n\r\nAccording to the latest \u003Ca href=\"http:\u002F\u002Fwww.corelogic.com\u002Fabout-us\u002Fresearchtrends\u002Fnational-foreclosure-report.aspx\">\u003Cem>CoreLogic National Foreclosure Report\u003C\u002Fem>\u003C\u002Fa>, \u003Cem>“approximately 660,000 homes in the US were in some state of foreclosure as of May 2014”.\u003C\u002Fem> This figure is down 37% from the 1 million homes in May of 2013. May marked the 31\u003Csup>st\u003C\u002Fsup> consecutive month in which there were year-over-year declines.\r\n\r\nMark Fleming chief economist for \u003Cem>CoreLogic\u003C\u002Fem> revealed:\r\n\u003Cblockquote>\u003Cem> “Significant gains have been made in the last year to reduce the foreclosure stock. Yet, these improvements are occurring disproportionately in non-judicial states. The foreclosure inventory in judicial states is averaging 2.1% which is more than twice the 0.9% average that is occurring in non-judicial states.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThe foreclosure process in the twenty-two judicial states can take, on average, anywhere from 180-400 days according to the \u003Ca href=\"http:\u002F\u002Fwww.mbaa.org\u002Ffiles\u002FResourceCenter\u002FForeclosureProcess\u002FJudicialVersusNon-JudicialForeclosure.pdf\">Mortgage Bankers Association\u003C\u002Fa>. The lack of initial court intervention in non-judicial states, often means that the process of foreclosure takes significantly less time.\r\n\r\nTherefore, judicial states as a whole, have taken longer to catch up to the rest of the country in liquidating foreclosure inventory.\r\n\r\nAll five states with the highest foreclosure inventory as a percentage of mortgaged homes are judicial states.\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F07\u002FCorelogic-May-Foreclosure-KCM.jpg\">\u003Cimg class=\"alignnone wp-image-29072\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F07\u002FCorelogic-May-Foreclosure-KCM.jpg\" alt=\"Foreclosures Down 37% from Last Year! | Keeping Current Matters\" width=\"615\" height=\"475\" \u002F>\u003C\u002Fa>\r\n\r\nOn the list of the five lowest inventory states, only North Dakota uses a judicial process.\r\n\u003Ch3>\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F07\u002FCorelogic-May-Foreclosure-KCM21.jpg\">\u003Cimg class=\"alignnone wp-image-29074\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F07\u002FCorelogic-May-Foreclosure-KCM21.jpg\" alt=\"Foreclosures Down 37% from Last Year! | Keeping Current Matters\" width=\"615\" height=\"475\" \u002F>\u003C\u002Fa>\u003C\u002Fh3>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nEven though some states have not recovered completely from the foreclosure crisis, the nation as a whole is on the right track as inventory decreases.","\r\nEven though some states have not recovered completely from the foreclosure crisis, the nation as a whole is on the right track as inventory decreases.","https:\u002F\u002Fwww.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F07\u002Fforeclosures-over.jpg",false,[17],{"id":18,"name":19,"slug":20},7,"Foreclosures","foreclosures","2014-07-22T10:00:10Z","2014-07-23T02:10:26Z",{"id":24,"slug":25,"title":26,"featuredImage":11,"publishedAt":27,"contentType":10,"isVideo":15},89,"selling-your-house-5-reasons-to-do-it-now-2","Selling Your House? 5 Reasons to Do It Now!","2014-07-21T10:00:38Z",{"id":29,"slug":30,"title":31,"featuredImage":11,"publishedAt":32,"contentType":10,"isVideo":15},91,"billionaire-says-real-estate-is-best-investment-possible","Billionaire says Real Estate is Best Investment Possible","2014-07-23T10:00:19Z",[34,38,42,46,47,51,55,59,63,67,71,75,79,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147],{"id":35,"name":36,"slug":37},1,"Uncategorized","uncategorized",{"id":39,"name":40,"slug":41},5,"For Buyers","buyers",{"id":43,"name":44,"slug":45},6,"For Sellers","sellers",{"id":18,"name":19,"slug":20},{"id":48,"name":49,"slug":50},8,"Infographics","infographics",{"id":52,"name":53,"slug":54},9,"Home Prices","home-prices",{"id":56,"name":57,"slug":58},11,"First-Time Buyers","first-time-buyers",{"id":60,"name":61,"slug":62},34,"Senior Market","senior-market",{"id":64,"name":65,"slug":66},35,"Mortgage Rates","mortgage-rates",{"id":68,"name":69,"slug":70},38,"Move-Up","move-up",{"id":72,"name":73,"slug":74},41,"For Sale by Owner","for-sale-by-owner",{"id":76,"name":77,"slug":78},42,"Featured","featured",{"id":80,"name":81,"slug":82},45,"New Construction","new-construction",{"id":84,"name":85,"slug":86},52,"Luxury \u002F Vacation","luxury--vacation",{"id":88,"name":89,"slug":90},53,"Rent vs. Buy","rent-vs-buy",{"id":92,"name":93,"slug":94},80,"Time-sensitive","time-sensitive",{"id":96,"name":97,"slug":98},81,"Outdated","outdated",{"id":100,"name":101,"slug":102},147,"Internal","internal",{"id":104,"name":105,"slug":106},148,"Do Not Autopost","do-not-autopost",{"id":108,"name":109,"slug":110},320,"Inventory","inventory",{"id":112,"name":113,"slug":114},321,"Agent Value","agent-value",{"id":116,"name":117,"slug":118},322,"Affordability","affordability",{"id":120,"name":121,"slug":122},323,"Buying Tips","buying-tips",{"id":124,"name":125,"slug":126},324,"Downsize","downsize",{"id":128,"name":129,"slug":130},325,"Economy","economy",{"id":132,"name":133,"slug":134},326,"Equity","equity",{"id":136,"name":137,"slug":138},327,"Forecasts","forecasts",{"id":140,"name":141,"slug":142},328,"Selling Tips","selling-tips",{"id":144,"name":145,"slug":146},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":148,"name":149,"slug":150},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]