Real Estate think tank and data analyst, CoreLogic has crunched some of the numbers for foreclosures and revealed the findings. Overall, filings have dropped from a year ago (yay) – 63,000 completed foreclosures in the U.S. in May 2012 compared to 77,000 in May 201. They share that approximately 1.4 million homes, or 3.4 percent of all homes with a mortgage, were in the national foreclosure inventory as of May 2012 compared to 1.5 million, or 3.5 percent, in May 2011 and 1.4 million, or 3.4 percent, in April 2012.
Top States – The five states with the highest number of completed foreclosures for the 12 months ending in May 2012 were: California (133,000), Florida (92,000), Michigan (60,000), Texas (58,000) and Georgia (57,000). These five states account for 48.8 percent of all completed foreclosures nationally.
See More Mapping foreclosures, 63,000 completed foreclosures in May (down from 2011)
Source: multivu.prnewswire.com via Glenn on Pinterest
