Foreclosures fall in the united states

The number of properties in the United States ending up in foreclosure has decreased slightly and is expected to continue doing so as the Spring buying season gets underway.

There were approximately 65,000 completed foreclosures in February 2012, compared to 66,000 in February 2011, and 71,000 in January 2012, according to the latest figures from CoreLogic, a leading provider of information and analysis in the real estate sector.
 
From the start of the financial crisis in September 2008, there have been approximately 3.4 million completed foreclosures and the number of completed foreclosures for the 12 months ending in February was 862,000, the firm's National Foreclosure Report shows.

Approximately 1.4 million homes, or 3.4% of all homes with a mortgage, were in the foreclosure inventory as of February 2012 compared to 1.5 million, or 3.6%, in February 2011 and 1.4 million, or 3.4%, in January 2012.

Source: PropertyWire.com