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CoreLogic: Miami Foreclosure Inventory Down 35%

by Peter Thomas Ricci

Florida’s foreclosure inventory continues to improve, according to the latest research by CoreLogic.

corelogic-national-foreclosure-report-december-2013-serious-delinquencies-foreclosures-housing-recovery

Florida’s foreclosure marketplace continued on the path to recovery at the end of 2013, according to CoreLogic’s latest National Foreclosure Report.

In Dec. 2013, 6.7 percent of the Sunshine State’s mortgaged properties were in foreclosure; though that’s still the highest in the nation, that’s down 3.6 percentage points (or a whopping 35 percent) from 12 months ago, and the state’s 119,000 completed foreclosures in that same time span were good for the best in the nation.

Still, 11.2 percent of mortgaged properties were in serious delinquency, so we’re not quite out of the woods yet.

Interested in how Florida’s numbers compare with the rest of the nation? Take a look at our infographic below for an idea:

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