(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.
Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
About Reader Comments
Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account
. See more about comments here.