St. Louis Foreclosure Rates Declines in March; 3rd consecutive monthly decline

By Dennis Norman, on June 6th, 2011

Dennis Norman

The St. Louis foreclosure rate in March was 1.73 percent, down slightly from 1.78 percent the prior month, but up over 21 percent from a year ago,  according to a report published by CoreLogic. The report shows that the St. Louis Mortgage Delinquency rate (Serious delinquency, 90+ days delinquent) decreased to 4.83 percent in March, down from 5.1 percent the month before and down 14 percent from a year ago.  This is the first month the St Louis Mortgage Delinquency rate was below 5 percent since August 2009.

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2. Mortgage Delinquencies Jump Over 10 Percent
3. Help for homeowners facing foreclosure or are underwater
4. St. Louis Foreclosure Rates Decrease Slightly in February; still up 26 percent from year ago
5. REO’s and Shadow Inventory are Roadblock to Recovery of Housing Market

125 comments to St. Louis Foreclosure Rates Declines in March; 3rd consecutive monthly decline

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