There are many uncertainties in the world, but here’s one thing we know for sure – progress has been made on the foreclosure front.

Foreclosure inventory in the Sunshine State housing market dropped 39 percent year-over-year in February, according to the latest National Foreclosure Report from CoreLogic.

Indeed, Florida’s foreclosure inventory, though still the second highest in the nation at 6.0 percent of mortgaged properties (only New Jersey is higher at 6.2 percent), is down from 9.9 percent a year ago. Also, with a whopping 118,000 completed foreclosures in the last year, Florida had by far the most in the nation.

There is one persistent thorn, though – 10.6 percent of Florida properties are still in serious delinquency, so while progress has been made, we still have some lingering effects of the crisis.

How does our local market, though, compare with the rest of the nation? Take a look at our graphic below for an idea: