Home foreclosures continue to drop in Wichita area

The home foreclosure rate in Wichita area continued to drop in April, as the city has largely bounced back from a decade of financial struggles in its housing sector.

According to CoreLogic, 0.76 percent of outstanding mortgages were in foreclosure, and 2.73 percent were in delinquency.

Lower unemployment, a stronger economy and tighter credit conditions have served to lower the number of problem mortgages.

This story was originally published June 28, 2016 at 9:56 AM with the headline "Home foreclosures continue to drop in Wichita area."