CoreLogic: September completes 41,000 foreclosures

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CoreLogic Reports U.S. Foreclosure Inventory Down 35 Percent Nationally From a Year Ago.. Since the financial crisis began in September 2008, there have been approximately 4.9 million completed foreclosures across the country.. A completed foreclosure occurs when a property is auctioned and results in the purchase of the home at auction.

The five states with the highest number of completed foreclosures in the 12 months ending in December 2016 were Florida (45,000), Michigan (30,000), Texas (24,000), Ohio (21,000) and California (19,000).These five states accounted for 36 percent of all completed foreclosures nationally.

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CoreLogic Reports 33,000 Completed Foreclosures in November 2015. decreased year over year from 41,000 in November 2014 to. 85 percent coverage of U.S. foreclosure data. Source: CoreLogic

 · On December 13, 2016, Corelogic reported there were 30,000 completed foreclosures in October of 2016, declined 27.5% of approximately 41,000 from September of 2016, and dropped 31.5% from October 2015 of 40,000 foreclosures.

According to the November 2015 National Foreclosure Report, the number of completed foreclosures nationwide decreased year over year from 41,000 in November 2014 to 33,000 in November 2015, and the number of completed foreclosures in November 2015 was down 71.6 percent from the peak of 117,657 in September 2010.

Experience the interactive multimedia news release here: The foreclosure inventory represents the number of homes.

The number of completed foreclosures nationwide decreased year over year from 36,000 in December 2015 to 21,000 in December 2016, representing a decrease of 82 percent from the peak of 118,336 in.

— The five states with the highest number of completed foreclosures for the 12 months ending in May 2015 were: Florida (104,000), Michigan (46,000), Texas (33,000), California (28,000) and Ohio (27,000). These five states accounted for almost half of all completed foreclosures nationally.

There were 41,000 completed foreclosures nationally, down from 55,000 in October 2013, according to CoreLogic’s October National Foreclosure Report. This marks a year-over-year decrease of 26.4% and is down 65% from the peak of completed foreclosures in September 2010.

Revisions are standard, and to ensure accuracy CoreLogic incorporates newly released data to provide updated results. The data in this report represents foreclosure activity reported through September.

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According to the report, there were 57,000 completed foreclosures in the U.S. in September 2012, down from 83,000 in September 2011 and 59,000 in August 2012. Prior to the decline in the housing market in 2007, completed foreclosures averaged 21,000 per month between 2000 and 2006.