Friday, March 24, 2017

CoreLogic: "Between 2007–2016, Nearly 7.8 Million Homes Lost to Foreclosure"

by Bill McBride on 3/24/2017 04:22:00 PM

Here is a report from CoreLogic: US Residential Foreclosure Crisis: 10 Years Later. There are several interesting graphs in the report, including foreclosures completed by year.

This graph for CoreLogic the Ten States with the highest peak foreclosure rate during the crisis, and the current foreclosure rate.

CoreLogic Foreclosure ReportSome states like Nevada and Florida have improved significantly. Other states, like New Jersey and New York, have only recovered slowly.

Here is a table based on data from the CoreLogic report showing completed foreclosure per year.

Completed foreclosure by Year
Source: CoreLogic
YearCompleted Foreclosures
2000191,295
2001183,437
2002232,330
2003255,010
2004275,900
2005293,541
2006383,037
2007592,622
2008983,881
20091,035,033
20101,178,234
2011958,957
2012853,358
2013679,923
2014608,321
2015506,609
2016385,748