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St Louis foreclosures on the rise in July; Up over 20 percent from a year ago

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The St Louis foreclosure rate in July increased 4.2 percent from the month before with 1,860 properties receiving foreclosure notices during the month which is an increase of 22.53 percent from a year ago.  The increase for the month is in sharp contrast to the U.S. foreclosure rate which declined 7.79 percent in July from the month before and for the State of Missouri as a whole which saw a decline of 3.2 percent from the month before.
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