Foreclosures Completed Decline

HousingWire says CoreLogic reports half of the 66,000 foreclosures completed in April were from five states: California, Florida, Michigan, Texas and Georgia, in that order. The National Foreclosure Report says the April rate compares to 78,000 a year ago. Since the housing downturn in Sept. 2008 3.6 million foreclosures have been completed. Chief economist for CoreLogic Mark Fleming says, “There were more than 830,000 completed foreclosures over the past year or, in other (words) one completed foreclosure for every 622 mortgaged homes.” has learned the states with the fewest completed foreclosures for the past year are, in order: South Dakota, Washington, D.C., North Dakota, West VA, and Hawaii.

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