(Al Hartmann | The Salt Lake Tribune)
Amanda Mendenhall, a real estate agent for Re/Max Associates who handles distressed properties, cautiously approaches the door a short-sale house in West Valley.
Utah foreclosure rate 11th highest in third quarter
The Salt Lake Tribune
First Published Oct 10 2013 08:20 am • Last Updated Oct 11 2013 09:39 am
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.
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