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St. Louis Real Estate Search

 

St Louis Foreclosures Continue to Decline

st-louis-foreclosures-realtor-dennis-normanSt. Louis foreclosure activity in the third quarter of 2011 declined 15.51 percent from the quarter before  and 10.12 percent from the year before, according to RealtyTrac’s foreclosure market report that was just released.

Over 13 percent of all home sales in St. Louis during 3rd quarter 2011 were foreclosures and , on average, they sold for a discount of over 60 percent compared with non-foreclosure sales.

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