News

Foreclosure inventory declined nearly 25% in February

Tue April 12, 2016

National foreclosure inventory, or any house within the foreclosure process, in February decreased by 23.9% annually, according to CoreLogic’s February 2016 National Foreclosure Report.

Completed foreclosures, total homes lost to foreclosures, was down by 10% annually in February, according to the report. Nationwide, the number of completed foreclosures reduced by 4,000 from 38,000 in February 2015 to 34,000. This is down 71.3% from its peak in 2010.

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