Foreclosures are becoming less and less of a commonality throughout the nation, and according to CoreLogic’s August 2016 National Foreclosure Report, foreclosure inventory and completed foreclosures both dipped in August compared with the previous year.
- Foreclosure inventory dipped 29.6 percent and completed foreclosures fell 42.4 percent annually in August.
- The number of completed foreclosures nationwide decreased annually, from 64,000 to 37,000 in August 2016.
- Comprising 35 percent of the nation's completed foreclosure inventory, Florida, Texas, Ohio, California and Georgia had the most reported foreclosures completed.
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