Get breaking news alerts via email

Click here to manage your alerts
Utah in Top 10 states for foreclosures
Real Estate » But levels have fallen drastically since the Great Recession.
First Published Dec 13 2013 09:27 am • Last Updated Dec 13 2013 04:04 pm

Utah was among the Top 10 U.S. states for foreclosure activities in November, but statistics show such numbers have fallen drastically from the years immediately after the bursting of the housing bubble that led into the Great Recession.

Utah also showed a spike in foreclosure auction notices in November over the same month of 2011, though that level also was well below what it was two years earlier.

At a glance

Top 5 Utah counties by foreclosures

In November as a ratio of housing units

1. Salt Lake » 1 in 605

2. Tooele » 1 in 712

3. Piute » 1 in 879

4. Weber » 1 in 890

5. Davis » 1 in every 920

Source: RealtyTrac

Join the Discussion
Post a Comment

"We’re seeing a much improved and much healthier market," said Steve Roney, CEO of Prudential Utah Real Estate.

Short and distressed sales, a barometer of the market’s health, were somewhere around a third of all sales in 2010 and 2011, he said.

"That number today we think is around 12 percent," Roney said, adding that most of those homes already have offers that banks have been slow to act upon.

Utah had the 10th-highest rate of foreclosure activity among states, affecting one of every 889 housing units, according to RealtyTrac, which tracks real estate data.

Still the number of properties for which a foreclosure filing was made was down 22 percent from the previous month and off 1 percent from November of last year, RealtyTrac said.

Scheduled foreclosure auctions shot up 214 percent in Utah in November over the same month last year. But the 449 scheduled auctions were significantly fewer than the 2,163 of November of 2011, according to RealtyTrac data.


Twitter: @TomHarveySltrib

story continues below

Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment

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.
Staying Connected
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.