Foreclosure rates in Wilmington up again


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Submitted: Tue, 05/29/2012 - 9:24pm
Updated: Wed, 05/30/2012 - 10:09am By:

WILMINGTON, NC (NEWS RELEASE) — A new housing report out today indicates foreclosure rates in the Wilmington area are on the rise. These figures, coming from CoreLogic, show rates in March 2012 at nearly three percent.

While that’s up from this same time last year, the Wilmington rate is actually lower than the national foreclosure rate.

That rate sits at almost three and a half percent.

The report also says the local mortgage delinquency rate is nearing six percent, more than it was at this time last year.

3 Comments

  • taxpayer says:

    just keep on coming. If you listen the realtors in the area…the housing market is better than it’s been in the past three years. Maybe it’s all of the forclosed houses available for sale. And…let’s not forget Bev Perdue saying North Carolina has “rebounded”.

  • 1981duke says:

    Compared to what?
    What is good and bad?

  • Guesttenheimer says:

    We still have a rise in foreclosures? Imagine that!!! Jobs, ton’s of them now, unemployment is down, the economy is skyrocketing! Righto…just more political news to keep the “annointed one” popular. Nothing will change until the shadow of his butt hits the horizon! There is no improving economy, the jobs bullcrap is misleading and unemployment numbers are completely fake!

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