How Healthy Is the Housing Market? One Stat Tells All

“The stock of seriously delinquent homes and the foreclosure rate are back to levels last seen in the final quarter of 2008,” says Anand Nallathambi, president and CEO of CoreLogic, the housing-data firm. “The shadow inventory has also declined year over year for the past three years as the housing market continues to heal, including double-digit declines for the past 16 consecutive months.”
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