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N.J. has largest share of homes in foreclosure, report shows
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Erin O'Neill | NJ Advance Media for NJ.com



A greater share of homes in New Jersey are facing foreclosure than anywhere else in the country, according to a report released Tuesday morning.

The report from the Irvine, Calif.-based firm CoreLogic shows 4.9 percent of mortgaged homes in New Jersey were in the foreclosure process in May, which is nearly quadruple the national rate of 1.3 percent. In May 2014, 5.8 percent of mortgaged homes in New Jersey were in foreclosure, compared to 1.7 percent of homes nationwide.

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Posted on: 2015/7/14 19:25
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