As foreclosures fell around the country in May, Connecticut continued to have one of the highest foreclosure inventories as a percentage of total mortgaged homes, according to CoreLogic.
The Nutmeg State’s foreclosure inventory was 4.1 percent in May, down four-tenths of a percentage point from a year ago. The state was tied for fourth with Maine and behind only New York (4.8 percent), New Jersey (6 percent) and Florida (8.8 percent).
There were 52,000 completed foreclosures across the country in May, down from 71,000 in May 2012, CoreLogic said. That’s a 29 percent drop.
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