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Foreclosure rate on the rise in the Lehigh Valley

Published On: Jan 30 2012 06:09:02 PM EST

Foreclosure rate on the rise in the Lehigh Valley

A new housing report shows the foreclosure rate is on the rise in the Lehigh Valley.

Real estate data firm Corelogic said the rate in the Allentown-Bethlehem-Easton area is at 3.7 percent. That's up almost four-tenths of a point from last year, and it's higher than the national foreclosure rate, which sits at 3.5 percent.

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