Foreclosure rates in the Sacramento area decreased across the board in November, according to statistics released today by Santa Ana-based real estate tracker CoreLogic.
CoreLogic said the foreclosure rate in the Sacramento-Arden-Arcade-Roseville market was 1.63 percent in November 2012, a decrease of 1.39 percentage points compared compared with November of 2011, when the rate was 3.02 percent. The October 2012 rate in the area was 1.79 percent.
The area's foreclosure rate was lower than November's national rate of 2.97 percent; statewide, the rate was 1.55 percent.
CoreLogic said 5.31 percent of Sacramento-area mortgage loans were 90 days or more delinquent, compared with 5.53 percent in October and 7.86 percent in November 2011.
The national 90-day delinquency rate in November was 6.45 percent; the statewide rate was 5.07 percent.