Another new low for foreclosures

From National Mortgage News:

Foreclosure Inventory at Lowest Level in Nine Years

The foreclosure inventory rate in July reached the lowest level recorded for any month since August 2007, according to data released by CoreLogic.

The national foreclosure inventory in July included roughly 355,000 homes, or 0.9% of all homes with a mortgage, down from 501,000, or 1.3%, in July 2015. That represents a 29.1% decline year-over-year, CoreLogic said Tuesday.

The decline stemmed from loan modifications, foreclosures and stronger housing and labor markets, according to CoreLogic chief economist Frank Nothaft.

Similarly, the number of completed foreclosures nationwide slipped 16.5% year-over-year to 34,000. That figure is also 71.2% lower than the peak of 118,000 recorded in September 2010.

“Importantly, judicial states like New Jersey and New York have continued to work through their large inventory of homes in foreclosure proceedings.”

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37 Responses to Another new low for foreclosures

  1. Mike says:

    Good Morning New Jersey

  2. Alt-right (the good one) says:

    @NateSilver538
    Here’s a math-y way to think about the problem critics have with media coverage of Clinton and Trump. Maybe it will provide some clarity. 1/

  3. Alt-right (the good one) says:

    @NateSilver538
    Let’s invent a unit called the mitt, after Mitt Romney, which measures a candidate’s scandalousness. Romney himself=1 mitt (pretty low). 2/

  4. Alt-right (the good one) says:

    @NateSilver538
    Obama is/was also about 1 mitt. There are a few issues around the margin—e.g. Rezko. But overall, a pretty clean bill of health. 3/

  5. Alt-right (the good one) says:

    @NateSilver538
    On this scale, Hillary Clinton measures 5 mitts. Some stories are exaggerated. But there’s a lot there! Much more than Romney or Obama. 4/

  6. Alt-right (the good one) says:

    @NateSilver538
    Clinton is in fact treated by media as a 5-mitt candidate. Sometimes the balance is off. But overall she deserves—and gets—much scrutiny. 5/

  7. Alt-right (the good one) says:

    @NateSilver538
    But Trump is a 50-mitt candidate! There’s everything: corruption, racism, lying, fitness for office. Like nothing we’ve ever seen before. 6/

  8. Alt-right (the good one) says:

    @NateSilver538
    Trump gets harsh coverage. But it can’t, or doesn’t, fully scale up to his candidacy. He’s treated as a 7 mitt when he’s really a 50… 7/

  9. Alt-right (the good one) says:

    @NateSilver538
    The compromise winds up being that media covers Trump broadly, but thinly. Many vectors of reporting but not much sustained focus. 8/

  10. Alt-right (the good one) says:

    @NateSilver538
    Arguably the reverse would be better. Focus on fewer stories but in more depth. Some examples of this, e.g. @fahrenthold, but not many. 9/

  11. Alt-right (the good one) says:

    @NateSilver538
    It’s not an easy problem—do you ease up on Clinton because you don’t have enough bandwidth to fully cover Trump? I hope not. 10/

  12. Anon E. Moose, Second Coming of JJ says:

    The height of leftist discourse and competence: Cut-and-paste. Just like they never left Pre-K.

  13. Fabius Maximus says:

    Moose,

    As opposed to you, who attacks the messenger and ignores the message.

  14. Fast Eddie says:

    Never mind cut and paste, that was the most incoherent, mindless pile of nonsense I’ve ever read on this blog. It was painful to read. It’s like trying to decipher the mind of a child with a mental disorder.

  15. Fast Eddie says:

    Fabius,

    The only message I got was someone screaming for help.

  16. Anon E. Moose, Second Coming of JJ says:

    Buttocks;

    Trump is a 50-mitt candidate!

    Hyperbole at its highest — didn’t need any rebuttal. Where’s the poll that told you that one, Nate?

  17. Fabius Maximus says:

    Moose,

    The difference with the 538 polling is that they take all Polls and grade them. I have always though that Rasmussen was skewed and it gets a C, Fox is a little better on a B. It also shows up the PAC paid polls for what they are.

    For all you say about Nate, he nailed 2012. That is too much of a reputation to sink by going partisan. At the end of the day, 538 is not a polling company. The polls stand on their own, 538 is not changing the underlying data.

    At the end of the day all polls are pointing to Hil is winning by a big margin. You seem to cling to the hope that the weekend events will change that. I don’t think so.

  18. Fabius Maximus says:

    Eddie,

    Is that because you have been listening to many right wing dog whistles, a little hearing loss has crept in? …. :*)

  19. Comrade Nom Deplume, the Deplumiest. says:

    God, my daughter isn’t even on the bus and the narcissistic left has already polluted this thread.

    See ya tomorrow. I think I’ll go beat up on IRS some more.

  20. Anon E. Moose, Second Coming of JJ says:

    Buttocks,

    When the right talks about the “objective” media dragging their candidate across the finish line, they never thought it might physically happen.

  21. Juice Box (busy digging his own grave) says:

    re: “Hil is winning by a big margin.”

    ROFL – 528 now predicts a trump win in Ohio.

    http://projects.fivethirtyeight.com/2016-election-forecast/ohio/#plus

  22. D-FENS says:

    GOP gains ground on Dems in voter registration in key states
    By HOPE YEN
    Sep. 14, 2016 3:43 AM EDT

    http://bigstory.ap.org/article/d1c611a35aa5488789e0ad0cf4f2e818/gop-gains-ground-dems-voter-registration-key-states

    IOWA
    Iowa is a bright spot for Trump among battleground states, with Republicans now holding an edge of 19,000 total registered voters over Democrats, 691,000 to 672,000. While independents are the most numerous at 755,000, much of the state’s Republican establishment has rallied around Trump

    FLORIDA
    Both campaigns have heavily targeted Florida, but Democrats have seen their advantage shrink to 258,000 active voters — down from 535,000 in 2012. Overall, Democrats declined to 4.69 million compared to a 4 percent rise for Republicans to 4.4 million, driven by Republican gains among white voters. Registered “no party” independents jumped 13 percent to 2.9 million

    NORTH CAROLINA
    Democrats hold a clear registration advantage in North Carolina, but the gap has narrowed.

    A Republican-controlled legislature in 2013 imposed a voter ID law and curtailed early voting and registration. But a federal appeals court in July invalidated the law as discriminatory against blacks, who are more likely to vote before Election Day.

    Democrats hold a lead of about 645,000 voters. That’s down from an advantage of 818,000 in 2012

    WEST
    In the diversifying West, Democrats regained their edge in Colorado, but face challenges in Nevada and Arizona.

  23. Anon E. Moose, Second Coming of JJ says:

    “Hil is winning by a big margin.”

    I just took a message for some folks here from Daniel Patrick Moynihan.

  24. D-FENS says:

    It’s no wonder Nate Silver went on that epic twitter rant…

    The Denver post reports:

    “A Reuters/Ipsos survey released this week gave Trump a narrow edge in a two-way race, 43 percent to 41 percent — his first lead in Colorado in the 2016 election. It follows two other recent polls showing the presidential race as a dead heat or within 5 percentage points.”

    He’s a closet #NEVERTRUMP ‘er

  25. No One says:

    I suspect Hillary’s vote will go up if people think she is likely to die soon. Lot’s of people don’t want Hillary, but really don’t want Trump, so a Hillary who takes office, quickly dies or resigns, and leaves us with Kaine, might be more appealing that a vote for a healthy Hillary knowing that one would have to endure her for 4 to 8 years.

  26. I can see that. An artist’s works often go up after he/she dies. So a vote for a con artist might be worth more too if she is close to death.

    I suspect Hillary’s vote will go up if people think she is likely to die soon. Lot’s of people don’t want Hillary, but really don’t want Trump, so a Hillary who takes office, quickly dies or resigns, and leaves us with Kaine, might be more appealing that a vote for a healthy Hillary knowing that one would have to endure her for 4 to 8 years.

  27. Juice Box (busy digging his own grave) says:

    Lol – Colin Powell
    “I would rather not have to vote for her, although she is a friend I respect,” he writes in the email dated July 26, 2014. “A 70-year-old person with a long track record, unbridled ambition, greedy, not transformational, with a husband still dicking bimbos at home (according to the NYP).”

    http://thehill.com/policy/technology/295939-powell-in-leaked-email-slams-bill-clinton-on-affairs-with-bimbos

  28. D-FENS says:

    Uh….no. Nice try.

    #basketofdiseases

    No One says:
    September 14, 2016 at 2:15 pm
    I suspect Hillary’s vote will go up if people think she is likely to die soon. Lot’s of people don’t want Hillary, but really don’t want Trump, so a Hillary who takes office, quickly dies or resigns, and leaves us with Kaine, might be more appealing that a vote for a healthy Hillary knowing that one would have to endure her for 4 to 8 years.

  29. Fabius Maximus says:

    Juice, lets see if that lead can hold.

    Moose here is my opinion. RCP has H 209 / T 154 with 175 Toss up. I think we end up with H354 / T184.

    In think there is a lot of dry powder on Trump floating around. I think DCLeaks has cleaned out the Dem dirt, I think you see a deluge coming at Trump in the last three weeks. I think H just Mic Drops the debates. TrumpU, Trump CCCP connections, taxes, charities, offshore money and on and on and on. Given the lack of ground game and TV spending in the battlegrounds. I am still calling this a blowout.

  30. Fabius Maximus says:

    DFENS

    “gave Trump a narrow edge in a two-way race, 43 percent to 41 percent”

    Problem is, that its a 4 way race and you end up with this.
    http://www.realclearpolitics.com/epolls/2016/president/co/colorado_trump_vs_clinton_vs_johnson_vs_stein-5974.html

    T is looking at 8.5 pts, that’s a big hill (pun) to climb.

  31. Anon E. Moose, Second Coming of JJ says:

    Buttocks;

    I think we end up with H354 / T184.

    BWAHAHAHAHAHAHA!!! Seriously, you owe me a new keyboard.

    Your wishes severely cloud your vision. I’m a Yankee fan, and they’re 2 games out of the wild card with 17 games to play. But they’re still the same barely above .500 team that they’ve been all year — plus to make the wild card they’ve got to play 4 at Boston, 4 at Toronto, and 3 at Baltimore, all of whom are ahead of them. Even if they make the wild card, or the 1-game play-in; to what end? To get punked in the first round? So are they mathematically eliminated? Nope. Are they likely to win the Series? Nope. Never let your heart cloud your vision.

    Just so with Hillary. She’s still the same losing candidate she’s always been. I concede that the media mendacity, and the margin of fraud may give here a nominal victory on election day, buy to imagine that she wins 85% of the toss-up votes? Do you really think we’ve heard the worst about her, or are you just supremely confident that her courtesans in the media will cover it up for her until after election day? Early voting is set to start in some places. what is a late dump going to do to Trump if 85% of his votes are already in?

    Like the Yankees, Shrillary was (is) too old to get it done.

  32. D-FENS says:

    @DrJillStein
    #DNCleak shows Jeh Johnson gave $561,310 to the DNC, then was made Director of Homeland Security. This looks bad. It looks like #PayToPlay

  33. D-FENS says:

    Top searched political issues in the last day:

    https://twitter.com/googletrends/status/775731181254041601

  34. Fabius Maximus says:

    Moose,

    H354 / T184 is my line in the sand, what is yours? Step Up!

    I would not try and pull the Yankees into this discussion, you will lose.
    As a big Yankees Fan, I will say that even if they get to they postseason(mostly doubtful) , the are going nowhere.

    But I can always believe!

  35. Steamturd thinking Cankles should be included in the hyper incarceration says:

    I believe that this country is screwed.

  36. Essex says:

    #basketofdicks

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