(Mark Your Calendars: RealShare REAL ESTATE 2012, March22nd in Los Angeles).
SANTA ANA, CA-A total of 69,000 foreclosures were completednationally in January, compared to 80,000 in January 2011 and65,000 in December 2011, a year-over-year decline in inventory of145,000 homes. The decline brings the total foreclosure inventoryto 1.4 million homes as of January, according toCoreLogic, a provider of information, analyticsand business services.
The company’s newly released National ForeclosureReport for January, which provides monthly data oncompleted foreclosures, foreclosure inventory and 90-plusdelinquency rates, also states that the number of completedforeclosures for the previous 12 months was 860,128, and that therehave been approximately 3.3 million completed foreclosures sincethe start of the financial crisis in September 2008.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
