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Reduction in Serious Delinquencies

Well the percentage reduction in serious delinquency from the peak to now is pretty dramatic in many parts of the country. All 50 states have seen a reduction in the number of serious delinquencies. Some have seen ‐ like Arizona ‐ 70 percent reduction in delinquencies. So we’re not going to have those short sales, we’re not going to
have those foreclosures in the future as we move forward coming to the market as listing inventory.

Watch the video for Toni’s commentary on this reduction.