First American CoreLogic is reporting that foreclosures in Rome increased during the month of October over the same month a year ago.
The foreclosure rate for the month of October was 1.66 percent, up from 0.80 percent in October of 2008.
Foreclosures in the Rome area are well below the national rate, which was 3.02 percent for October.
First American CoreLogic is also reporting that the delinquency rate for Rome has gone up, not surprising since the unemployment rate has been holding between 10 and 11 percent most of the past year.
The 90-day delinquency rate in Rome during October was 5.61 percent, up from 3.67 percent in October of 2008.
The statewide 90-day delinquency rate for October was 8.06 percent, which was slightly higher than the national rate of 7.70 percent.