Foreclosures Continue Steady Nationwide Decline

Foreclosures Continue Steady Nationwide Decline
Foreclosures in the United States have been steadily declining for months nearly every way the numbers are broken down, and December was no exception, according to December 2014 National Foreclosure Report released Tuesday.  About 563,000 foreclosures were completed during the entire year of 2014, down by nearly 100 thousand from the previous year. Foreclosure inventory nationwide dropped down to 552,000 in December, a year-over-year decline of 34 percent. December's foreclosure rate of 1.4 percent was a decline of 7 percentage points from the previous December, read more.