Foreclosure Starts Hit Lowest Level on Record in February

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Foreclosure starts hit their lowest level on record in February, this according to Black Knight’s latest “first look” report.   Foreclosure starts fell 25% in January hitting their lowest level on record since Black Knight began reporting it in January 2000.  In addition, they report that the national foreclosure rate fell to 0.45% in February, the lowest level since 2005 (within one basis point of an all-time low).

Click here to read the full report at Black Knight.

 

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Director of Education & Outreach, National Real Estate Investors Association

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