Home | Newsletter | Advertise
loading...

Foreclosure Rates Fall in DC Area, Following Trend in Rest of the Country

  • March 25th 2013

by UrbanTurf Staff

Foreclosure Rates Fall in DC Area, Following Trend in Rest of the Country: Figure 1

Analytics firm CoreLogic is reporting that loan delinquency and foreclosure rates fell in the DC area in January.

The rate of homeowners in the DC area who were three months or more behind on their mortgage payments dropped to 5.35 percent in January, down from 5.94 percent in January 2012. The percentage of homeowners whose homes were being foreclosed on dropped from 2.37 percent to just above 2 percent during that period.

The trend that the DC area is experiencing is in line with what is going on in the rest of the country. The national delinquency rate (6.34%) and foreclosure rate (2.9%) both dropped in January.

See other articles related to: corelogic

This article originally published at https://dc.urbanturf.com/articles/blog/foreclosure_rates_fall_in_dc_following_trend_in_rest_of_the_country/6832.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse