CoreLogic: Foreclosures decline 16% in July

Foreclosure rates in Huntsville continued to drop during the month of July from 1.14 percent a year earlier to 0.81 percent, California-based research firm Corelogic reports.

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CoreLogic: Foreclosures On The Decline March 8, 2016 / in TME 1115 / by Progress In Lending Data from CoreLogic shows that the foreclosure inventory declined by 21.7 percent and completed foreclosures declined by 16.2 percent compared with January 2015.

The number of foreclosures completed in July totaled 58,000, down 16% from 69,000 a year earlier and 62,000 in June, according to analytics firm CoreLogic."Completed foreclosures.

In the month of January, 61,000 U.S. homes were foreclosed, more than a revised total of 56,000 in December and down from 75,000 in January 2012, according to research firm CoreLogic Inc. (NYSE:

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Single-family resales fell to 1,128 in July, a 16.4 percent decline from last year. according to research firm CoreLogic. The foreclosure rate soared to 27 percent in 2010. The pullback has been.

The rate, which measures the percentage of loans that are in the foreclosure process, fell to 0.55 percent from 0.64 percent during July of last year, according to a report by CoreLogic, a real estate.

In yet another indication that the housing recovery is on track, CoreLogic reports that foreclosures held steady in April, with fewer foreclosed properties in the pipeline.. Last month there were 52,000 completed foreclosures in the U.S. – about the same number reported in March, but down from 16% from the 62,000 foreclosures reported in April 2012.

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There were 55,000 foreclosures finished last month, down from 68,000 in June of last year, CoreLogic said. Still, that was a slight increase from 53,000 foreclosures in May. Before the housing market’s downturn in 2007, completed foreclosures averaged 21,000 per month between 2000 and 2006.

CoreLogic released its July national foreclosure report, which provides data on completed U.S. foreclosures and foreclosure inventory. According to CoreLogic, for the month of July 2014, there were 45,000 completed foreclosures nationally, down from 57,000 in July 2013, a year-over-year decrease of 21.2 percent.

The august sales rose 16 percent over july. based corelogic, foreclosure rates decreased in June over June 2010. The rate of foreclosures for the Las Vegas area among outstanding mortgage loans was.

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