economic indicators

Providence metro foreclosure rate ticks up in November

COURTESY CORELOGIC
FORECLOSURE RATES IN THE PROVIDENCE-Fall River-New Bedford metropolitan area ticked up 0.2 percentage points in November. Excluding Bristol County, Mass., Rhode Island's foreclosure rate rose 0.26 percentage points year over year in November.
Posted 1/29/13

PROVIDENCE – The Providence-Fall River-New Bedford area foreclosure rate rose 0.2 percentage points in November compared with the same period in 2011, CoreLogic said Tuesday.

The California-based real estate data firm reported a foreclosure rate of 2.8 percent for the metro area in November, up from 2.6 percent in November 2011.

As the foreclosure rate ticked up, the percentage of seriously delinquent mortgages dropped 0.2 percentage points in November compared with the same time last year.

The Providence area 90-day delinquency rate was 7.27 percent in November, down from 7.47 percent in November 2011.

Excluding Bristol County, Mass., Rhode Island’s foreclosure rate rose 0.26 percentage points year over year to 2.95 percent in November.

The Rhode Island 90-day delinquency rate, on the other hand, fell 0.18 percentage points in November to 7.37 percent.

The national foreclosure rate dropped 0.49 percentage points over the year in November to 2.97 percent. The national 90-day delinquency rate fell 0.84 percentage points year over year in November to 6.45 percent.

Calendar
PBN Hosted
Events

Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot early!
  • Best Places to Work
    Enrollment is now open for the 7th annual Best Places to Work program. Winners w ...
  • Manufacturing Awards
    Applications are now being accepted for the 2nd Annual Manufacturing Awards. Dea ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement