Completed Foreclosures Drop to 66,000 in April: CoreLogic

Posted by Bonnie Martin Designated Broker on Thursday, May 31st, 2012 at 9:40am.

Dsnews.com - In April, the number of completed foreclosures was 66,000, down 15 percent compared to the same month a year ago when there were 78,000 completed foreclosures, according to CoreLogic. Month-over-month, the number of completed foreclosures remained unchanged.

The number of homes in foreclosure inventory as of April 2012 shrank slightly from 1.5 million homes a year ago to 1.4 million, which accounts for about 3.4 percent of all homes with a mortgage. The number stayed unchanged from the month before in March.

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