Tag Archives: Foreclosure Inventory

Foreclosure inventory and the number of completed foreclosures nationwide both saw significant year-over-year declines in September, according to CoreLogic's September 2014 National Foreclosure Report released on Wednesday.

In September, foreclosure inventory in the U.S. fell to its lowest level in more than six years while delinquencies also significantly declined, according to Black Knight Financial Services' "First Look" at September Mortgage Data released on Friday.

Foreclosure inventory was down in the Tampa, Florida, area in August but the area still led all core-based statistical areas (CBSAs) nationwide in foreclosure completions over a 12-month period, according to data recently released by CoreLogic.

Nationwide foreclosures are down both monthly and annually, but mortgage loan delinquencies are up month-over-month in August, according to the Black Knight Financial Services Mortgage Monitor released earlier in the week.

Five states accounted for almost half of all completed foreclosures nationwide in the 12-month period ending in August 2014, according to CoreLogic's August National Foreclosure Report released on Thursday.

August saw a 32.8 percent decline in foreclosure inventory from August 2013, marking the 34th consecutive month with a year-over-year decrease, according to data released by CoreLogic on Thursday.

Foreclosure activity was down all over the nation in July, particularly in the area of foreclosure inventory – homes that are in any stage of the foreclosure process – where there was a 34.4 percent drop from July 2013, according to CoreLogic's July 2014 National Foreclosure Report released on August 28.

Foreclosure starts increased nationwide for the third consecutive month but are down 20 percent from last year, according to Black Knight Financial Services "First Look" at mortgage data for July 2014 released on August 26. Overall inventory fell by 1.65 percent from June down to 935,000 in July. The overall inventory is down 34 percent from July 2013 and has hit its lowest level since March 2008.