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Foreclosure rates on rise in OKC, still below national average

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OKLAHOMA CITY – Foreclosure rates are on the rise in Oklahoma City, according to a new housing report released Tuesday. 

CoreLogic’s study shows rates from Nov. 2012 were just over 2 percent. 

They said that number is up from the previous year but still below the national average which is about 3 percent.

Location

90+ Day Delinquency Rate November 2012

90+ Day Delinquency Rate November 2011

Percentage Point Change in 90+ Day Delinquency Rate

Foreclosure Rate November 2012

Foreclosure Rate November 2011

Percentage Point Change in Foreclosure Rate

Oklahoma

5.12%

5.23%

-0.11%

2.62%

2.50%

0.12%

Oklahoma City, OK

4.70%

4.86%

-0.16%

2.30%

2.20%

0.10%

US

6.45%

7.29%

-0.84%

2.97%

3.46%

-0.49%

Source: CoreLogic

Oklahoma City, OK

90+ Day Delinquency Rate

Foreclosure Rate

November 2012

4.70%

2.30%

October 2012

4.70%

2.35%

September 2012

4.76%

2.44%

August 2012

4.70%

2.48%

July 2012

4.78%

2.52%