REPORT: NJ MAY LEAD NATION SOON IN FORECLOSURES

It’s just a matter of time before New Jersey leads the nation in foreclosures.  The Star Ledger reports today that a chief economist for CoreLogic believes the Garden State will soon take the lead in this dubious category.  Since the housing market crash six years ago, Florida has led the nation in foreclosures with New Jersey right behind.  But Florida has been reselling homes at a much faster rate than New Jersey.