A new housing report out shows foreclosure rates in the Charlottesville area are falling.
The figures from CoreLogic show the rate in September at nearly 1 percent. The Charlottesville rate is also lower than the national average, which sits at 3.25 percent.
CoreLogic's report shows local mortgage delinquencies are down too.
CoreLogic
Press Release
| Location | 90+ Day Delinquency Rate September 2012 | 90+ Day Delinquency Rate September 2011 | Percentage Point Change in 90+ Day Delinquency Rate | Foreclosure Rate September 2012 | Foreclosure Rate September 2011 | Percentage Point Change in Foreclosure Rate |
| Virginia |
3.87% |
4.02% |
-0.15% |
1.34% |
1.51% |
-0.17% |
| Charlottesville, VA |
2.53% |
2.63% |
-0.10% |
0.89% |
1.02% |
-0.13% |
| US |
6.69% |
7.22% |
-0.53% |
3.25% |
3.52% |
-0.27% |
| Charlottesville, VA | 90+ Day Delinquency Rate | Foreclosure Rate |
| September 2012 |
2.53% |
0.89% |
| August 2012 |
2.53% |
0.86% |
| July 2012 |
2.59% |
0.86% |
| June 2012 |
2.52% |
0.87% |
| May 2012 |
2.54% |
0.86% |
| April 2012 |
2.50% |
0.88% |
| March 2012 |
2.49% |
0.91% |
| February 2012 |
2.57% |
0.94% |
| January 2012 |
2.67% |
0.97% |
| December 2011 |
2.63% |
0.94% |
| November 2011 |
2.62% |
0.96% |
| October 2011 |
2.63% |
1.00% |
| September 2011 |
2.63% |
1.02% |
| August 2011 |
2.63% |
1.04% |
| July 2011 |
2.68% |
1.01% |
| June 2011 |
2.71% |
0.98% |
| May 2011 |
2.72% |
1.01% |
| April 2011 |
2.77% |
0.99% |
| March 2011 |
2.75% |
1.00% |
| February 2011 |
2.89% |
1.01% |
| January 2011 |
2.84% |
0.99% |
| December 2010 |
2.82% |
1.00% |
| November 2010 |
2.86% |
0.97% |
| October 2010 |
2.86% |
0.85% |
| September 2010 |
2.90% |
0.87% |
| August 2010 |
2.89% |
0.83% |
| July 2010 |
2.82% |
0.87% |
| June 2010 |
2.85% |
0.78% |
| May 2010 |
2.91% |
0.76% |
| April 2010 |
3.00% |
0.75% |
| March 2010 |
3.11% |
0.77% |
| February 2010 |
3.25% |
0.81% |
| January 2010 |
3.14% |
0.79% |
