CoreLogic: California June foreclosure report

  • June was the 56th straight month of year-over-year decline in completed foreclosures in the U.S.
  • The 38,000 completed foreclosures in June 2016 represents a 5.1 percent rise since May, but it also represents a year-over-year drop of 4.9 percent.
  • As of June 2016, California's foreclosure inventory was at 0.4 percent, and its serious delinquency rate was 1.4 percent, both of which are significantly lower than national averages.

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There were 38,000 completed foreclosure nationally in the month of June, representing the 56th straight month of year-over-year decline, according to CoreLogic’s June 2016 National Foreclosure Report.