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Foreclosure Inventory Drops by 145,000 in One Year

SANTA ANA, CA-More than 860,000 completed foreclosures have been reported nationally in the last 12 months, says CoreLogic.

By Carrie Rossenfeld | Updated on March 19, 2012

(Mark Your Calendars: RealShare REAL ESTATE 2012, March 22^nd in Los Angeles).

SANTA ANA, CA-A total of 69,000 foreclosures were completed nationally in January, compared to 80,000 in January 2011 and 65,000 in December 2011, a year-over-year decline in inventory of 145,000 homes. The decline brings the total foreclosure inventory to 1.4 million homes as of January, according to CoreLogic, a provider of information, analytics and business services.

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