CoreLogic: Foreclosure Rates in Huntington-Ashland Decrease

Updated 16 weeks ago By David M. Kinchen Huntingtonnews.net Real Estate Writer
CoreLogic: Foreclosure Rates in Huntington-Ashland Decrease

Foreclosure rates in Huntington-Ashland decreased for the month of January over the same period last year, according to newly released data from CoreLogic.

The CoreLogic data reveals that the rate of Huntington-Ashland area foreclosures among outstanding mortgage loans was 1.61 percent for the month of January 2014, a decrease of 0.41 percentage points compared to January of 2013 when the rate was 2.02 percent. Foreclosure activity in Huntington-Ashland was lower than the national foreclosure rate, which was 1.97 percent for January 2014.

Also in Huntington-Ashland, the mortgage delinquency rate decreased. According to CoreLogic data for January 2014, 4.48 percent of mortgage loans were 90 days or more delinquent compared to 4.81 percent for the same period last year, representing a decrease of 0.33 percentage points.

 

Source: CoreLogic.

Huntington-Ashland, WV

90+ Day Delinquency Rate

Foreclosure Rate

January 2014

4.48%

1.61%

December 2013

4.53%

1.74%

November 2013

4.50%

1.85%

October 2013

4.43%

1.84%

September 2013

4.43%

1.83%

August 2013

4.46%

1.88%

July 2013

4.47%

1.88%

June 2013

4.41%

1.86%

May 2013

4.38%

1.93%

April 2013

4.43%

1.96%

March 2013

4.62%

1.99%

February 2013

4.75%

2.03%

January 2013

4.81%

2.02%

December 2012

4.66%

1.96%

November 2012

4.62%

2.00%

October 2012

4.62%

2.14%

September 2012

4.77%

2.33%

August 2012

4.76%

2.40%

July 2012

4.83%

2.36%

June 2012

4.67%

2.28%

May 2012

4.65%

2.35%

April 2012

4.56%

2.36%

March 2012

4.59%

2.31%

February 2012

4.69%

2.30%

January 2012

4.86%

2.34%

December 2011

4.95%

2.22%

November 2011

4.82%

2.20%

October 2011

4.72%

2.29%

September 2011

4.71%

2.22%

August 2011

4.68%

2.20%

July 2011

4.56%

2.14%

June 2011

4.53%

2.16%

May 2011

4.36%

2.09%

April 2011

4.37%

2.07%

March 2011

4.49%

2.15%

February 2011

4.72%

2.23%

January 2011

4.80%

2.20%

Source: CoreLogic.

*2010 and 2009 data available upon request.

Data Notes and Definitions

90+ Day Delinquency Rate: This measures the percentage of loans that are more than 90 days delinquent, including those in foreclosure and REO (real estate owned).

Foreclosure Rate: This measures the percentage of loans in some stage of the foreclosure process. A foreclosure is defined by the legal process by which an owner's right to a property is terminated, usually due to default. This does not represent the number of new foreclosure filings as provided by other data companies, but rather the current stock, or inventory, of loans in the foreclosure process which offers a comprehensive view of foreclosure trends. CoreLogic has approximately 85 percent coverage of foreclosure data.

Source: CoreLogic


 

 

Comments powered by Disqus