Treasure Valley foreclosures in September dropped slightly to 2.58 percent of mortgage loans from 3.26 percent in that month last year, according to CoreLogic, which tracks real estate trends nationwide.Foreclosure activity in Boise and Nampa is lower than the national average, which was 3.48 percent for September.The mortgage delinquency rate also decreased in the Valley. CoreLogic data show that 6.01 percent of mortgage loans are 90 days or more delinquent, compared with 7.76 percent for the same period last year, representing a decrease of 1.75 percentage points.Vally foreclosure rates have fallen every month since they reached a high of 3.57 percent in December 2010.
Read more here: http://www.idahostatesman.com/2011/12/13/1915272/treasure-valley-foreclosure-rates.html#storylink=cpy
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Associate Broker, Silvercreek Realty Group
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