Middle Tennessee foreclosure rate rises
Foreclosure rates again increased in the Nashville area, according to data released today by CoreLogic.
The foreclosure rate in the Nashville-Davidson-Murfreesboro-Franklin area stood at 1.49 percent in April, an increase over the 0.95 percent of April 2009. The Nashville-area foreclosure rate remains well below the national average of 3.2 percent, according to CoreLogic. It also remains below the overall state foreclosure rate of 1.59 percent.
The mortgage delinquency rate also increased in the Nashville area in April. According to CoreeLogic, 6.2 percent of area mortage loans were 90 days or more delinquent in April, compared to 4.1 percent in April 2009.
Read more: Middle Tennessee foreclosure rate rises - Nashville Business Journal
The foreclosure rate in the Nashville-Davidson-Murfreesboro-Franklin area stood at 1.49 percent in April, an increase over the 0.95 percent of April 2009. The Nashville-area foreclosure rate remains well below the national average of 3.2 percent, according to CoreLogic. It also remains below the overall state foreclosure rate of 1.59 percent.
The mortgage delinquency rate also increased in the Nashville area in April. According to CoreeLogic, 6.2 percent of area mortage loans were 90 days or more delinquent in April, compared to 4.1 percent in April 2009.
Read more: Middle Tennessee foreclosure rate rises - Nashville Business Journal
Labels: fine living group, foreclosed homes, foreclosure, real estate deals, real estate market, short sale
posted by The Fine Living Group of Nashville at
11:49 AM
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