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Foreclosure rate in Kalamazoo, Portage, below national average
(NEWSCHANNEL 3) - Foreclosure rates in the Kalamazoo-Portage area are falling, according to a new housing report from CoreLogic.
The figures show foreclosure rates at just over 1 percent in July.
That's down from 1.76 percent this same time last year.
The Kalamazoo-Portage rate is also lower than the national foreclosure rate, which sits at almost 2.5 percent.