ADVERTISEMENT
Advertise Here

Office Hours

Spokane foreclosure rates inch upward in July

Foreclosure rates in Spokane increased in July over the same period last year, CoreLogic reports.

New data from the company show that the rate of foreclosures among outstanding mortgage loans in the Spokane area was 1.26 percent for July, up from a rate of 1.14 percent in July 2009.

Foreclosure activity in Spokane was lower than the national foreclosure rate of 3.13 percent for July.

Also in Spokane, the mortgage delinquency rate increased. According to CoreLogic data for July, 4.38 percent of mortgage loans were 90 days or more delinquent, compared to 3.2 percent for the same period last year.


Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Office Hours

Get blog updates by email

About this blog

The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.

Sign up for our business email newsletter
Latest comments »

Read all the posts from recent conversations on Office Hours.

Contributors

John Stucke John Stucke is a deputy city editor who helps build local news coverage and writes about health care, bankruptcy and rural affairs.

Recent work by John

Alison Boggs Online Producer Alison Boggs posts and manages content on spokesman.com and its social networking accounts.

Recent work by Alison

Scott Maben Scott Maben is a Deputy City Editor who covers North Idaho news and higher education.

Addy Hatch is the city editor, and formerly was business editor.

Search this blog
Subscribe to this blog
ADVERTISEMENT
Advertise Here