Foreclosures nationwide continued to decline in January, according to CoreLogic.
The national foreclosure inventory decreased 21.7% to about 456,000 in January. That's 1.2% of all homes compared to a year ago, according to
The number of completed foreclosures fell 16.2% to 38,000 over the same period.
The number of home loans in serious delinquency — at least 90 days past due — fell 22.5% to 1.2 million, or 3.2% of all mortgages.
"The improvement in distressed properties continues across the country," CoreLogic CEO Anand Nallathambi said in a news release. "So far the trend toward lower delinquency and foreclosures has been immune from shocks from such things as the collapse in oil prices attesting to the durability of the housing recovery."
