CoreLogic: Foreclosures decline 16% in July

and foreclosure rates lower. The CoreLogic national hpi showed home prices in July rose 6.9% from a year earlier, building equity for homeowners.” Frank Nothaft, chief economist at CoreLogic, September 2015 “foreclosure inventory fell by 30 percent from the previous year, the largest year-over-year decline since January 2015.”

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CoreLogic also reports that the number of mortgages in serious delinquency (defined as 90 days or more past due including loans in foreclosure or REO) declined by 17.3 percent from July 2015 to July 2016, with 1.1 million mortgages, or 2.9 percent, in this category.

13:30 ET Subscribe to our weekly e-newsletter, Top News. Annual decline in foreclosures slowed in August, CoreLogic report reveals. The inventory of homes in some stage of foreclosure declined at a slower annual rate in August than in July, according to the CoreLogic monthly assessment of U.S. foreclosures.

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The inventory of homes in some stage of foreclosure declined at a slower annual rate in August than in July, according to the CoreLogic monthly assessment of U.S. foreclosures. Home Foreclosure Decline Continues in March – CoreLogic. the number of foreclosures is still well above the 2000 to 2006 average of 21,000 foreclosures per month.

 · The number of foreclosures completed in July totaled 58,000, down 16% from 69,000 a year earlier and 62,000 in June, according to analytics firm CoreLogic.

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The local housing market saw foreclosure inventory and completed foreclosures fall in July. The local housing market saw foreclosure inventory and completed foreclosures fall in July.

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NEW YORK (Reuters) – There were fewer U.S. foreclosures in July than a year ago. it might slow down a bit the pace of decline in foreclosure inventories,” said Mark Fleming, chief economist for.

According to CoreLogic, for the month of July 2014, there were 45,000 completed foreclosures nationally, down from 57,000 in July 2013, a year-over-year decrease of 21.2 percent. On a month-over-month basis, completed foreclosures were down by 8.5 percent from the 49,000* reported in June 2014 .

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When looking at only the top 50 markets based on housing stock, 42% were overvalued, 16% were undervalued and 42% were at value. The CoreLogic MCI analysis defines an overvalued housing market as one in which home prices are at least 10% above the long-term, sustainable level.

80 percent, Corelogic reported last month. There were approximately 49,000 completed foreclosures in the U.S. in July, down from 65,000 a year earlier. Completed foreclosures dropped 8.6 percent on a.