Report Shows Houston Foreclosures Down Significantly

by James McClister

Houston continues to flourish in the wake of the crisis.

In January 2013, Houston foreclosure and 90-plus day delinquency rates were nearly one point above what they are today, confirmed CoreLogic in its latest report.

Over the past 18 months, foreclosures in the city have continued dropping. As of July, the city’s rate was only 0.75 percent, which is slightly under the 1.66 percent national average.

The number of 90-plus day delinquencies has also dropped, falling year-over-year from 4.21 percent to 3.08 percent.
Check out our graph below, compiled using CoreLogic data, to see the full extent of Houston’s progress.

Foreclosures90+DayDelinquencies - Houston

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