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2015-01-15 11:46:19
Foreclosures decline nationally and in Portland

Around the country, the pain caused by the collapse of the housing bubble is ebbing. But in rural Oregon, things got worse last year.

The trends are found in data collected and reported by RealtyTrac, the housing data firm, which said foreclosure filings declined 18 percent nationally in 2014. But Oregon foreclosures -- a broad classification that counts default notices, scheduled auctions and bank repossessions -- rose 5.4 percent.

County-level data paints a bleaker picture outside the Portland metropolitan area, where the housing market started looking healthier last year. Foreclosure activity declined more than 35 percent in Multnomah County, more than 25 percent in Washington County and more than 44 percent in Clackamas County.

Overall, one in every 138 properties in the Portland-Vancouver-Beaverton MSA was undergoing some kind of foreclosure proceeding, a sharp improvement from the previous year. Read More - OregonLive.com>

 
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