Connecticut’s foreclosure inventory rate still tops the national average, but the numbers dropped significantly from 2014.
According to property-data vendor CoreLogic, Connecticut’s foreclosure inventory at the close of 2015 stood at 1.7 percent. The national average was 1.1 percent.
The state’s foreclosure volume plummeted 25.8 percent in 2015 vs. 2014, CoreLogic said. Nationally, foreclosure dropped 23.8 percent in the same period. In 2015, 3,665 foreclosures were completed. That’s down 34.9 percent from 5,637 completed foreclosures in 2014.
Connecticut’s serious delinquency rate of 4.2 percent — a measure of past-due mortgages likely headed to foreclosure — is above the national average of 3.2 percent. Connecticut’s 2015 serious-delinquency count was down 24.9 percent from 2014, compared to a drop in the national average of 23.9 percent in 2014.
