U.S. foreclosures fall in November

U.S. foreclosures dropped by roughly 29 percent in November on a year-to-year basis, according to the latest data released by real estate market tracking firm CoreLogic.

During November, 46,000 foreclosures were completed, down from 64,000 in in the same month of 2012. The November foreclosure count also dropped 8.3 percent month to month from 50,000 completed in October, according to a news release.

As of November, some 812,000 U.S. homes were in some stage of the foreclosure process, a 34 percent decrease from 1.2 million in November 2012.

"Consumer confidence is definitely up as the economic rebound gathers more steam," said Anand Nallathambi, president and CEO of CoreLogic, in the release. "As the negative equity crisis abates and home prices continue to rise, most people are prioritizing the payment of their mortgage obligations."

In Missouri, there were 14,224 completed foreclosures during the 12 months ending in November, according to the report. That's a 0.3 percent decrease from the prior 12 months, the release said.