According to data released yesterday from CoreLogic, the national foreclosure inventory (homes in some stage of foreclosure) is down 24% in April 2013 compared to 2012. The foreclosure inventory has been declining for the past seventeen months, and is at its lowest point in six years. There are only a few bank owned properties currently listed on St. George Island – only two REO houses and three REO lots. This is a strong indication of market recovery.
Foreclosure Inventory Shrinks
May 30, 2013 By
