Foreclosure rates down across region

SANTA ANA, Calif. – Foreclosures were down slightly across Northern Colorado in November, according to new data from CoreLogic.

In Fort Collins-Loveland, the foreclosure rate decreased from 1.29 percent in November 2010 to 0.89 percent this past November. The delinquency rate in Fort Collins-Loveland also decreased from 2.98 percent to 2.51 percent over the same period.

Delinquency rates measure the percentage of loans that are 90 or more days delinquent.

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In Greeley, the foreclosure rate from November 2010 to November 2011 decreased from 2.23 percent to 1.7 percent. The delinquency rate in Greeley also decreased from 5.71 percent to 4.71 percent in November.

Foreclosures were also down statewide, falling slightly from 1.84 percent to 1.51 percent, while the delinquency rate decreased from 4.59 percent to 4.12 percent.

National foreclosure rates decreased slightly from 3.46 percent in November 2010 to 3.41 percent in November 2011. Delinquency rates also decreased nationally, from 7.78 percent to 7.23 percent in the same period.