published on March 2, 2017 - 4:05 PM
Written by The Business Journal Staff
Central Valley foreclosure rates continued to shrink to close out 2016, according to the latest data from real estate analysis firm CoreLogic.

 

The foreclosure rate in Fresno for December 2016 was 0.4 percent, down from 0.61 percent in December 2015.

Fresno’s mortgage delinquency rate, representing loans 90 days or more delinquent, was 1.83 percent in December, down from 2.35 percent in December 2015.

Madera’s foreclosure rate for December was 0.42 percent, down from 0.71 percent the year prior.

Madera’s mortgage delinquency rate was 2.11 percent in December, down from 2.69 percent the year prior.

The Hanford-Corcoran area’s foreclosure rate for December was 0.54 percent, down from 0.71 percent the year prior.

Hanford-Corcoran’s delinquency rate was 2.29 percent in December, down from 2.97 percent the year prior.

The Visalia-Porterville region saw a December foreclosure rate of 0.45 percent in December, down from 0.66 percent the year prior.

Visalia-Porterville’s delinquency rate was 1.95 percent for December, down from 2.51 percent the year prior.

All four Central Valley counties outperformed the national foreclosure rate of 0.85 percent for December 2015.


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