Foreclosures Remain High in New Jersey
Most of the country recently experienced a reprieve from the foreclosure epidemic plaguing the nation - unfortunately New Jersey was not included in this reprieve.
While the nation as a whole enjoyed a 17 percent drop in the number of homes foreclosed upon - when compared to last year - New Jersey suffered an increase of more than one percent in foreclosed homes, according to a monthly report from CoreLogic.
In addition, the same report shows that New Jersey ranks second in the nation in the percentage of homes in foreclosure - 7.7 percent in the process of defaulting, ...







