Report: Foreclosure inventory down 35 percent in Delaware

CoreLogic ® (NYSE: CLGX), a leading provider of consumer, financial and property data, today released a report tracking the national foreclosure inventory in December 2016. The inventory, which includes the total number of homes with a mortgage at some stage of the foreclosure process, declined by nearly 30 percent since December 2015.

A total of 335,000 homes, or 0.8 percent of all mortgaged homes in the U.S., are in the foreclosure process.

The foreclosure inventory in Delaware was slightly higher at 1.3 percent of mortgaged homes, while the state experienced a 35 percent decline compared to December 2015.

Despite these gains, other metrics place Delaware’s foreclosure rate among the highest in the nation, in part due to slow court proceedings and wage stagnation.

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