Foreclosure rates decrease in LR Metro area | Real Estate
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LITTLE ROCK, Ark. (KTHV) -- A new housing report out Monday indicates foreclosure rates in the Little Rock-North Little Rock-Conway area are falling.
These figures – coming from CoreLogic – show foreclosure rates in November 2011 at nearly one and a quarter percent.
Down from this same time last year, that rate is also lower than the national foreclosure rate, which still sits at almost three and a half percent.
The report also says homeowners are having trouble keeping up with their house payments.
The local mortgage delinquency rate is over five and a quarter percent – more than it was at this time last year.
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