The foreclosure rate in the Twin Cities metro during November fell to 0.76 percent of all outstanding mortgage loans from 1.33 percent last year, according to CoreLogic. Nationwide, the foreclosure rate fell to 2.18 percent.

In addition, with the unemployment rate below the national average and home prices rising, fewer Twin Citians are having trouble paying their mortgage. The number of homeowners who are 90 days or more behind on their mortgage payment slipped to just 2.74 percent of mortgages compared with 4.02 percent last year - about half the national average.