July 22, 2024

FHA Foreclosed Home Inventory Climbs By 30%

The latest Monthly Report to the FHA Commissioner shows that the supply of FHA repossessed homes continues to surge. At the beginning of July 2011, FHA owned properties swelled to 53,164.  The value of the properties held by the FHA totaled $6.74 billion. For the year to date current fiscal year which covers the period […]