National Foreclosure Inventory Continues Steep Decline

The national foreclosure inventory declined by 29.6 percent and completed foreclosures declined by 42.4 percent compared with August 2015, according to the August 2016 National Foreclosure report released today from CoreLogic, a global property information and analytics firm. The number of completed foreclosures nationwide decreased year over year from 64,000 in August 2015 to 37,000 in August 2016, representing a decrease of 69 percent from the peak of 118,221 in September 2010.

National Foreclosure Inventory Continues Steep Decline

Foreclosure inventory declined 29.1 percent and completed foreclosures declined 16.5 percent compared with July 2015, according to a report released today from CoreLogic, a global property information provider. The number of completed foreclosures nationwide was also down 6.8 percent year over year from 41,000 in July 2015 to 34,000 in July 2016.