Foreclosure rates in Stockton increased in December 2009 over the same month in 2008, according to First American CoreLogic.
According to data Thursday from First American CoreLogic on foreclosures for the Stockton area, the rate of foreclosures among outstanding mortgage loans was 6.00 percent for the month of December, an increase of 2.39 percentage points compared to December of 2008 when the rate was 3.61 percent.
Foreclosure activity in Stockton is higher than the national foreclosure rate which was 3.16 percent for December 2009, representing a 2.84 percentage point difference.
