87°F
Sponsored by

Utah has nation's 10th highest foreclosure rate

SALT LAKE CITY (AP) - Utah's foreclosure rate is the 10th highest in the nation.
SALT LAKE CITY (AP) - Utah's foreclosure rate is the 10th highest in the nation.

Data released Thursday by RealtyTrac Inc. shows that one in 592 Utah housing units saw a foreclosure filing in May.

That's an improvement from April, when Utah had the 7th highest foreclosure rate - with one in 419 homes seeing a foreclosure filing.

Georgia, Arizona, Nevada, California, Illinois and Florida had the highest foreclosure rates in the nation.

Nationally, RealtyTrac reports just under 206,000 properties had a foreclosure filing in May.

That compares with fewer than 189,000 homes in April.

The firm says the foreclosure increases in various states illustrates that the housing market is still on a bumpy ride toward recovery.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


Page: [[$index + 1]]
comments powered by Disqus
local-businesses.png
cars.png dixie-local.jpg
Click Here for Your Chance to Win Utah State Fair Tickets!

Popular Stories on Facebook