Austin August foreclosures drop slightlyAustin August foreclosures drop slightlyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=91812012-10-30T07:39:00Z2012-10-30T00:00:00Z

AUSTIN - Foreclosures and mortgage delinquencies continued their downward trend in August as compared with the previous year, according to data released by CoreLogic Inc.

Among outstanding mortgages in Austin, 1.01 percent were in some stage of foreclosure in August, as compared with 1.12 percent during the same month the year before.

The 90-day delinquency rate was 2.82 percent of outstanding mortgages, as compared with 3.09 percent a year ago.

The numbers also are down as compared with July when the foreclosure rate was 1.09 percent of outstanding mortgages and the 90-day delinquency rate was 2.91 percent.

See map for foreclosure rate by zip code.

Read more at the Austin Business Journal.

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/news/2012/10/25/austin-foreclosures-drop-slightly-in.htmlRead more at {Source}

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