Foreclosure rates in the Albuquerque area decreased from December 2011 to December 2012, according to newly released data from CoreLogic.Albuquerque-area foreclosures among outstanding mortgage loans were 3.64 percent for December 2012 and 3.91 percent in December 2011, a decrease of 0.27 percentage points.However, foreclosure activity in the metro area remained higher than the national foreclosure rate, which was 2.96 percent for December 2012.In addition, the mortgage delinquency rate has…
Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]
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