Single-family foreclosure rate in
Providence, N.B. region continues decline

Posted 10/11/11

PROVIDENCE – The foreclosure rate for single-family homes in the Providence-Fall River-New Bedford region dropped for the fourth straight month in July, but remains higher than the same period last year, according to figures released by real estate tracking firm CoreLogic on Tuesday.

The July 2011 foreclosure rate for the area was 2.9 percent, up from 2.64 percent in July of 2010.

Although higher than it was last year, the July foreclosure rate dropped from 3 percent in June and has been declining since March, when it was 3.21 percent, according to CoreLogic.

Along with the foreclosure rate, the rate of homeowners falling behind more than 90 days on their mortgages in the area dropped in July to 7.15 percent, the lowest rate since August 2009.

No comments on this story | Add your comment
Please log in or register to add your comment
PBN Hosted

Only a few seats remain for PBN's Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Don't hesitate. Register today!
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Purchase Data
Book of 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
    Latest News