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US Foreclosure Stock Drops 18% in a Year

UPDATE: IRVINE, CA-Read the update to this morning's story to learn the top five states with the lowest foreclosure inventory as a percentage of all mortgaged homes, according to CoreLogic.

By Carrie Rossenfeld | Updated on January 11, 2013

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IRVINE, CA-The national foreclosure inventory fell 18% between November 2011 and November 2012, and the number of completed foreclosures nationally dipped 23% in the same time period, according to a newly released report from CoreLogic, a provider of information, analytics and business services here. The report says that there were 55,000 completed foreclosures in the US in November 2012, down from 72,000 in November 2011.

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