2016 foreclosures dropped more than any year on record Foreclosure rates dropped and even hit milestone lows in 2016. A new report from Black Knight shows that 2016 saw the greatest drop of any year on record. Even states with the highest percentage of foreclosures saw significant drops from last year.
Total value of homes sold in Northwest increases 18%+ in 2016 Home values increased in 2016, along with the number of homes sold throughout the year, leading to an increase of more than 18% in the total value of homes sold. The increase in sales, however, is not being replaced with new inventory as the housing shortage continues to grow.
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