Home foreclosures in Kansas continue to drop, with the number of homes passing through foreclosure down 47.9 percent from a year ago, according to CoreLogic, a national real estate date firm.
The state saw 3,097 homes go through foreclosure in the 12 months ending Oct. 31. That’s down from 5,941 homes in the 12 months ending Oct. 31, 2013.
The percentage of Kansas homes that passed through foreclosure fell from 1.1 percent of all homes with an outstanding mortgage in 2013 to 0.9 percent in 2014.
Nationally, CoreLogic said there were 561,376 completed foreclosures in the 12 months ending in October, down 18.6 percent from the prior 12 months, with the highest rates of foreclosure posted in New Jersey, Florida, New York, Hawaii and Maine.
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Since the financial crisis began in September 2008, there have been about 5.3 million completed foreclosures across the country.