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Foreclosure rates in Sarasota-Manatee declined steadily through 2015, and that trend has continued in early 2016, according to data provider CoreLogic.
The region's foreclosure rate for the month of March fell to 1.57%, down from 2.54% in March 2015. Despite the near full percentage year-over-year decrease, Sarasota-Manatee's foreclosure rate still sits above the national rate of 1.09%, the CoreLogic report says.
Also dipping in the region is the mortgage delinquency rate, the report shows. The percent of mortgage loans that were delinquent by 90 days or more in the counties dropped to 3.23%, down from 5.25% in March 2015.
Here's a look at foreclosure rates in North Port-Sarasota-Bradenton since the beginning of last year:
Month: Foreclosure rate
March 2016: 1.57%
February 2016: 167%
January 2016: 1.77%
December 2015: 1.84%
November 2015: 1.85%
October 2015: 1.93%
September 2015: 2.02%
August 2015: 2.10%
July 2015: 2.09%
June 2015: 2.15%
May 2015: 2.25%
April 2015: 2.41%
March 2015: 2.54%
February 2015: 2.73%
January 2015: 2.91%
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