St Louis Foreclosure and Mortgage Delinquency Rates Down from a year ago

Saint Louis Realtor, Dennis Normanst-louis-real-estate-realtor-dennis-normanThe St. Louis foreclosure rate declined in December 2012 to 1.29 percent of outstanding home loans, a 25 percent drop from a year ago when the foreclosure rate was 1.72 percent, according to a newly released report from Corelogic.  In addition, the St. Louis mortgage delinquency rate for December was 4.39 percent, down 12.5 percent from the year before when 5.02 percent of the outstanding St. Louis home loans were 90 days or more delinquent.  See the chart below for foreclosure rate by zip code in the St. Louis area.

st louis area foreclosure rates

Source: CoreLogic

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