The foreclouser rate keeps on retreating, with foreclosure inventories across the nation falling almost 30 percent and completed foreclosures dropping about 15 percent in the previous year, as per CoreLogic's June 2015 National Foreclosure Report, discharged Tuesday.

The number of foreclosures nationwide fell 63 percent from their September 2010 top of 117,119. Completed foreclosures are the total number of homes that are actually lost to foreclosure. Since September 2008, around 5.8 million Completed foreclosures have happened the nation over.

All the more property holders are staying current on their mortgage payments. The number of mortgages in serious delinquency (those that are 90 days or more past due) fell by 23 percent in June year-over-year. Seriously delinquent mortgages now comprise 3.5 percent – or 1.3 million – of mortgages nationwide, which represents the lowest rate since January 2008.

"The  foreclosure rate for the U.S. has dropped to its least level following 2007, supported by a continuing decline in loans made before 2009, gains in employment, and higher housing prices,"  says Frank Nothaft,  chief economist for CoreLogic. "The decrease has not been uniform geologically, as the foreclosure rate  varies across metropolitan areas. In the Denver and San Francisco ranges, the foreclosure rate has tumbled to 0.3 percent, while in the Tampa market the rate is 3.5 percent and in Nassau and Suffolk areas it is a lifted 4.8 percent."

Five states alone accounted for nearly half of all completed foreclosures nationally. The accompanying five states had the highest number of completed foreclosures in June:

1.Florida: 102,000

2.Michigan: 46,000

3.Texas: 33,000

4.California: 29,000

5.Ohio: 27