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CT foreclosure pace picks up

Connecticut foreclosure inventory fell to 2.1 percent in January, as the running number of foreclosures over the past year increased by nearly 6 percent, according to CoreLogic.

The state’s inventory of mortgaged properties in foreclosure was the sixth-highest in the country in January, but was down from 3.4 percent in Jan. 2014, when the state was tied with Maine for fourth-highest.

The inventory is falling because foreclosure completions are rising.

From Feb. 2014 to Jan. 2015, Connecticut had 5,731 completed foreclosures, up from 4,481 in the prior period, CoreLogic said.

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