Foreclosure activity in metro area falls


The proportion of Toledo-area mortgages 90 days or more delinquent rose to 6.06 percent in September from 6.04 percent in August, according to data released Tuesday by CoreLogic, a California real estate data firm.

A year earlier, the figure was 6.48 percent.CoreLogic said the proportion of Toledo-area homes in some state of foreclosure in September was 2.97 percent, down from 3.07 percent in August and 3.51 percent a year earlier.

Foreclosure activity in Toledo was lower in September than the Ohio and U.S. rates, which were 3.29 percent and 3.25 percent, respectively.