Saturday, February 25, 2012

Where does Idaho rank in Number of Foreclosures?

We do not look too bad in comparision to the rest of the country, I believe we are in a better position than we have been in  the past. We could be Florida or Nevada!



 

InfoGraphic

Methodology as per CoreLogic: The foreclosure inventory represents the number and ratio of homes that have been placed into the process of foreclosure by the mortgage servicer. Mortgage servicers start the foreclosure process when the mortgage reaches a specific level of serious delinquency as dictated by the investor for the mortgage loan … The foreclosure inventory is measured only against homes that have an outstanding mortgage. Homes with no mortgage liens can never be in foreclosure and are therefore excluded from the analysis.

 

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