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Utah foreclosure rate 11th highest in third quarter

Published October 10, 2013 9:06 am

This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Utah had the 11th highest rate of home foreclosure activity in the nation in the third quarter of this year.

RealtyTrac, a company that compiles real estate data, said Utah's foreclosure activity increased 29.2 percent in the third quarter that ended Sept. 30 over the same period last year.

The state had 1 in every 285 housing units in some state of foreclosure, RealtyTrac said Tuesday.

Florida showed the highest rate of foreclosure activity in the nation in the third quarter, 1 in every 126 units. Nevada was second with 1 in every 128 units.

For the month of September, Utah was ranked 10th in the nation, with 1 in every 839 units the object of a legal foreclosure notice or activity. That was an increase of 6.45 percent over September of 2012.