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San Antonio’s housing market keeps improving as foreclosures keep falling



HPI

Home foreclosures are on the decline in some of the country’s largest metros — including in San Antonio, CoreLogic reports.








James Aldridge
Web Editor- San Antonio Business Journal

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Foreclosure rates in the San Antonio-New Braunfels metropolitan area were down for the month of February, compared to the same period a year ago, according to housing market data released Wednesday by CoreLogic.

The foreclosure rate for outstanding mortgage loans for the San Antonio area was 0.69 percent, a decrease of 0.12 percentage points over the February 2014 foreclosure rate. The San Antonio area had fewer foreclosures than the national foreclosure rate of 1.43 percent in February.

Also in the San Antonio area, the mortgage delinquency rate fell. Mortgage loans that were 90 days or more represented 3.11 percent of all loans in February 2015, compared to 3.63 percent during the same period a year before.

Irvine, California-based CoreLogic (NYSE: CLGX) is a global property information, analytics and data-services provider for the real estate industry.

James Aldridge oversees online content of the newspaper; edits and reports stories for the online edition.



Article source: http://www.bizjournals.com/sanantonio/blog/morning-edition/2015/04/san-antonio-s-housing-market-keeps-improving-as.html

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