Foreclosures continue to decline

Approximately 1.1 million homes in the U.S. were in some stage of foreclosure in March, down 23 percent from March 2012 when 1.5 million homes were in foreclosure, according to the latest foreclosure report by CoreLogic.

According to CoreLogic, an estimated 55,000 homes completed the foreclosure process in March, down 16 percent from a year ago when 66,000 homes were foreclosed, but up from 52,000 in February. Since foreclosure activity peaked in 2010, completed foreclosures have fallen 52 percent.

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