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CT foreclosure inventory ticks down

Connecticut’s inventory of mortgaged homes in the foreclosure process ticked down in July, according to CoreLogic.

The property information service said Connecticut’s foreclosure inventory was 4 percent in July, down from 4.5 percent a year ago. Month to month, Connecticut’s inventory is down from 4.2 percent in June and 4.1 percent in May.

While the foreclosure inventory is slowly falling, the state remains in the top five for highest ratio of foreclosure properties to total mortgaged properties, CoreLogic said.

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