Daytona Beach, FL – A new report shows the number of local foreclosures are going in the right direction.
CoreLogic’s latest National Foreclosure Report shows the foreclosure rate for September 2015 in the Deltona-Daytona Beach-Ormond Beach metro area at 2.65%, nearly 2% better than it was during the same month a year ago.
The Deltona-Daytona Beach-Ormond Beach metro area foreclosure rate for last September is still just below Florida’s rate of 2.56% and well below the 1.23% average posted nationally.
Having said that, the 1.95% improvement in the local metro area rate is better than Florida’s (1.79%) and the United States (0.37%).
The metro area’s 90-day plus delinquency rate for September 2015 stands at 5.88%, 3% better than what it was in September 2014 and well below the 11.51% posted in January 2014.
Florida’s 90-day plus delinquency rate for September stands at 5.78% and it’s at 3.40% nationally. Those are improvements of 2.85% and 0.84%, respectively.
CoreLogic data shows that the Deltona-Daytona Beach-Ormond Beach metro area foreclosure rate and 90-day plus delinquency rate have continued sliding down every month for the past 21 months.
Map below courtesy of CoreLogic.
Copyright 2015 Southern Stone Communications.