Through November 2016 there was an average of $12,500 in home-equity wealth per homeowner. Foreclosure inventory declined 30% putting it slightly above pre-crisis levels. This foreclosure inventory included 325,000 homes with a mortgage. The mortgages 90 days or more past due saw a decline of 22.1% annually in November. More Americans are now working so more mortgages are getting paid on time.

Foreclosure inventory declines another 30%