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The number of completed foreclosures is the lowest it has been since October 2007, according to the report.Some local banks say their inventory of foreclosed properties has dropped significantly since the peak of the recession,
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TaylorMade R15 430 Driver Sale, we have experienced a reduction in our number of ‘foreclosures in process.’ There are many factors contributing to the positive trend; including a decrease in the local unemployment rate and an increase in Cowlitz County property values."Dahl said he’s noticed that people who had previously gone through foreclosures or unemployment during the recession are "starting to get back on their feet again" and re entering the housing market.Despite these gains, Cowlitz County continues to have a comparatively higher foreclosure rates than other regional counties.Mark Scroggins of Coldwell Banker Bain said last week that while the market is improving, "I still feel our inventory foreclosed home will affect us for a while."Houses here still are taking longer to sell than elsewhere, partly because the number of homes for sale is creeping up,
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