July Foreclosure Rates Show Significant YOY Improvement

Irvine, CA, September 11, 2015—There were 38,000 completed foreclosures nationally in July 2015, down from 50,000 in July 2014, a decrease of 24.4%, according to CoreLogic.

The rate of homeowners seriously underwater is at 3.4% nationwide, the lowest level since December 2007.

In July 2015, approximately 469,000 homes were in some stage of foreclosures, down 27.9% compared to July 2014.