The number of home foreclosures in the Sacramento area have declined by more than 63%.

According to "The Sacramento Bee," the real estate information service, RealtyTrac, reports that Sacramento, El Dorado, Placer and Yolo counties have all seen a sharp decrease in late payments and defaults on home loans.

An improved economy, government programs to help struggling homeowners, and rising home prices have contributed to the decline in foreclosures.