A new report from CoreLogic states that foreclosure rates during August for Miami-Dade County has declined yet again. The report shows a 2.19 percent decrease in foreclosures in August, compared to the same month last year. The county’s rate now stands at roughly 3.5 percent. Miami-Dade’s foreclosure rate has fallen by a fraction of a percent each month since January 2014. On top of those falling rates, the region’s share of delinquent mortgages has also fallen significantly. The national picture is also improving with just 8 percent of the country’s home loans listed as delinquent in August, down from 11.7 percent the year before.
