Foreclosures down nationwide


foreclosureIRVINE — The nation’s foreclosure inventory was down 30 percent in December from the year before, according to real estate data company, CoreLogic.

Stockton, which used to lead the country in foreclosures, was not in CoreLogic’s top 10 list of foreclosure markets.

Completed foreclosures declined by 40 percent compared with December 2015.

New York, Jersey City and White Plains led the nation with a foreclosure rate of 2.5 percent. That was followed by Chicago, Las Vegas, Houston, Miami, Washington, Los Angeles, Boston, Denver and San Francisco.

According to RealtyTrac, another real estate data company, just one home of every 932 in Stockton was in foreclosure in December 2016.

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