According to Corelogic's monthly foreclosure report, here, completed foreclosure activity is still running at a rate of 52,000 per month in April, down from 62,000 per month a year earlier.
The average monthly rate before the financial panic, however, was 21,000 per month, making the current rate, though improved, nearly 148% higher than was the case in the years between 2000 and 2006.
But don't worry, everyone says things are better now and housing has recovered.
