If you need assistance, please call 317-590-2901

Foreclosure Inventory Remains Near All-Time Highs

Wednesday, July 11, 2012   /   by Carlos J Higareda

Foreclosure Inventory Remains Near All-Time Highs

Foreclosure Inventory Remains Near All-Time Highs







The U.S. foreclosure inventory — consisting of loans that have been referred to an attorney for foreclosure but have not yet completed the process through a sale — hit 4.1 percent of all active mortgages in May, holding near-record highs.


Lender Processing Services reported significantly higher numbers in judicial foreclosure states, at 6.5 percent of all loans, compared to non-judicial states, where the foreclosure inventory settled at 2.5 percent.


Also, according to LPS, more than half of loans in foreclosure in the judicial states have been delinquent for at least two years, compared to just over 30 percent in non-judicial states.


Source: “Foreclosure Inventory Remains Near All-Time Highs,” Inman News (07/09/12)




eXp Realty
Carlos Higareda
9465 Counselors Row
Indianapolis, IN 46240
317-590-2901
Indiana Luxury Property

Based on information submitted to the MLS GRID as of February 15, 2025 8 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
This site powered by CINC: www.cincpro.com