ALLENTOWN, Pa. -

A new report says foreclosure rates are falling in the Lehigh Valley.

Real estate data firm CoreLogic says the rate in the Allentown-Bethlehem-Easton area was 3.04% in May.

That's down almost a full percentage point from the same time last year, but it's higher than the state and national foreclosure rates, which stand at 2.09% and 1.73%, respectively.