Local Foreclosure and Delinquency Rates Continue to Fall - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Local Foreclosure and Delinquency Rates Continue to Fall

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The latest report from CoreLogic shows foreclosure rates are continuing to fall in the Reno-Sparks area. 

CoreLogic says the local foreclosure rate for January 2013 was 3.64%. That's down 0.7% from the same month last year. It's also about 1% lower than the statewide rate of 4.62% but still above the national rate of 2.90%. 

The Reno-Sparks delinquency rate is also falling. In January it was reported at 8.17% down from 10.03% in the last year. Nevada's delinquency rate also fell by 2.51% down to 10.83%.

Written by Allison Williams

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