Number of homes lost to foreclosure continues to fall

CoreLogic: 1.4 million homes still in some stage of foreclosure process

The number of U.S. homes lost to foreclosure dropped for the fifth month in September, with real estate data aggregator CoreLogic counting 57,000 completed foreclosures in a monthly foreclosure report released today.

That’s a 31.3 percent decrease from a year ago, and 3.4 percent less than August’s upwardly-revised total of 59,000. By comparison, for a span of six years before the housing crisis, from 2000 to 2006, completed foreclosures averaged 21,000 per month, the report noted.