Orlando’s housing market continues to bounce back as the region’s foreclosure inventory declined again in July, according to a new report from CoreLogic (NYSE: CLGX).
The Orlando-Kissimmee-Sanford area had 12,284 completed foreclosures for the 12 months ending in July, compared to 14,343 in the same time last year. The region’s foreclosure inventory rate fell 2.2 percentage points to 2.4 percent, and Central Florida’s serious delinquency rate fell 3.2 percentage points to 5.7 percent in July.
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From:: biz journal foreclosures