Bend Foreclosures Down

Core Logic found the rate of Bend area foreclosures was 4.26 percent for the month of August 2012.

That's nearly a percentage point lower than August of 2011.

But the foreclosure activity rate in Bend was higher than the national foreclosures rate.

Also the mortgage delinquency rate decreased in August   7.17 percent of mortgage loans were 90 days or more delinquent compared to 9.09 percent in 2011.