December Foreclosures Lowest Since 2007

Irvine, CA, Feb. 11, 2015 -- There were 39,000 completed foreclosures nationwide in December, according to real estate information firm CoreLogic.

A year ago there were 46,000 in December, CoreLogic said.

The total for 2014 was 563,294, the lowest number since November 2007 when it was 589,570.

On a monthly basis, completed foreclosures were down 4.9% from the 41,000 in November.

Foreclosures averaged 21,000 per month nationwide between 2000 and 2006.