Slight drop in Florida foreclosure inventory, but state still leads U.S.

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Foreclosure inventory in Florida fell 1.1 percent in August compared to the same period in 2011, according to a report released today by CoreLogic. There were a total of 91,899 foreclosures completed in the state in the 12-month period beginning in August 2011, easily the most in the nation. Nationally, foreclosure inventory by 0.2 percent, with 781,898 completed foreclosures. Florida had 11 percent of the country’s completed foreclosures in that period. — Alexander Britell