Foreclosure, Delinquency Rates Decline in Valley

YOUNGSTOWN, Ohio -- Foreclosures in the Youngstown-Warren-Boardman metropolitan area in May were down nearly three-fourths of a percentage point from a year earlier, reports CoreLogic, a California-based provider of property information and analytics. The local foreclosure rate among outstanding mortgage loans in May was 1.77%, compared with 2.48% in May 2014. It also was down from April’s 1.81%. Still, foreclosure activity for May in Youngstown-Warren-Boardman was higher than the nation

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