MILWAUKEE — According to data reported by CoreLogic on
Thursday, the foreclosure rate in the
Milwaukee-Waukesha-West Allis area decreased in
The rate of Milwaukee-Waukesha-West Allis area
foreclosures among outstanding mortgage loans was 0.93
percent for the month of December 2014, a decrease of
0.41 percentage points compared to December 2013 when
the rate was 1.34 percent, according to CoreLogic, a
global property information, analytics and data-enabled
A map provided by CoreLogic indicates the highest levels
of foreclosures in the metro area were in northern parts
of Milwaukee County.
In Wisconsin during December 2014, the foreclosure rate
was lower than the metro Milwaukee area at 0.73 percent.
The national foreclosure rate was 1.47 percent for
December 2014, according to the report.
The mortgage delinquency rate also decreased in
Milwaukee-Waukesha-West Allis in December 2014,
according to CoreLogic, which found 3.35 percent of
mortgage loans were 90 days or more delinquent compared
to 4.23 percent for the same period last year,
representing a decrease of 0.88 percentage points.