St. Louis Real Estate – Missouri Foreclosures Increase 2.34 Percent

Missouri’s foreclosure rate increased in February by 2.34 percent from January but is down 3.68 percent from February 2009.

RealtyTrac® released its February 2010 U.S. Foreclosure Market Report™, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 308,524 U.S. properties during the month of February, a decrease of 2 percent from the previous month but still 6 percent above the level reported in February 2009. This translates into one in every 418 U.S. housing units receiving a foreclosure filing in February.

Missouri ranked 30th in the U.S. in terms of foreclosure rate in February, with 1 in 884 people in Missouri receiving a foreclosure notice during the month.  This represents a 2.34 percent increase from January’s rate, and a 3.68 percent decrease from February, 2009.

“The 6 percent year-over-year increase we saw in February was the smallest annual increase we’ve seen since January 2006, when we began calculating year-over-year increases, but it still marked the 50th consecutive month of year-over-year increases in foreclosure activity,” said James J. Saccacio, chief executive officer of RealtyTrac. “This leveling of the foreclosure trend is not necessarily evidence that fewer homeowners are in distress and at risk for foreclosure, but rather that foreclosure prevention programs, legislation and other processing delays are in effect capping monthly foreclosure activity — albeit at a historically high level that will likely continue for an extended period.

Nevada, Arizona and Florida post top state foreclosure rates:

Nevada foreclosure activity decreased nearly 7 percent from the previous month and was down 30 percent from February 2009, but the state’s foreclosure rate continued to rank highest in the nation for the 38th month in a row. One in every 102 Nevada housing units received a foreclosure filing during the month — more than four times the national average.

Arizona and Florida documented nearly identical foreclosure rates, with one in every 163 housing units receiving a foreclosure filing in both states. Despite a nearly 21 percent decrease in foreclosure activity from the previous month, Arizona’s rate was statistically slightly higher than Florida’s rate and ranked second highest among the states.

California’s foreclosure rate ranked fourth highest among the states, with one in every 195 housing units receiving a foreclosure filing during the month, and Michigan’s foreclosure rate ranked fifth highest among the states, with one in every 226 housing units receiving a foreclosure filing.
Other states with foreclosure rates among the nation’s 10 highest were Utah (one in every 275 housing units), Idaho (one in 296), Illinois (one in 305), Georgia (one in 331) and Maryland (one in 407).

Print Friendly, PDF & Email

40 comments to St. Louis Real Estate – Missouri Foreclosures Increase 2.34 Percent

  • … [Trackback]

    […] Find More here on that Topic: […]

  • cbd

    … [Trackback]

    […] Find More on to that Topic: […]

  • … [Trackback]

    […] There you can find 72525 additional Information on that Topic: […]

  • Fantastic items from you, man. I’ve have in mind your
    stuff prior to and you are simply too great.
    I really like what you have acquired here, certainly like what you’re stating and the best way
    during which you say it. You are making it entertaining
    and you continue to take care of to keep it sensible.
    I cant wait to learn much more from you. That is really a wonderful web site.

  • I’m really impressed with your writing skills as well as with the layout on your blog.
    Is this a paid theme or did you modify it yourself? Either way keep up the nice quality writing, it is rare to see
    a nice blog like this one today.

  • I’m not that much of a internet reader to be honest but your blogs really nice, keep it up!
    I’ll go ahead and bookmark your website to come back in the future.

  • I love what you guys are up too. This kind of clever work and exposure!
    Keep up the terrific works guys I’ve added you guys to my

  • Everything is very open with a very clear description of the challenges.
    It was definitely informative. Your website is useful.
    Thank you for sharing!

  • Remarkable issues here. I’m very satisfied to look your article.
    Thank you a lot and I am having a look forward to contact you.
    Will you kindly drop me a mail?

  • Thanks to my father who stated to me on the topic of this website, this weblog is in fact remarkable.

  • Hi, this weekend is nice in support of me, because this moment
    i am reading this fantastic informative paragraph here at my residence.

  • Excellent pieces. Keep posting such kind of info on your site.

    Im really impressed by your site.
    Hello there, You have performed a fantastic job.

    I will certainly digg it and in my view suggest to my friends.
    I’m confident they will be benefited from this site.

  • … [Trackback]

    […] Find More on on that Topic: […]

  • Undeniably imagine that that you stated. Your favorite reason seemed to be at the net the simplest thing to understand of.

    I say to you, I definitely get irked even as people consider concerns that they just do not know about.
    You controlled to hit the nail upon the top as smartly as
    outlined out the whole thing without having side-effects , other people could take a signal.
    Will probably be again to get more. Thanks

  • I think the admin of this site is in fact working hard in support of his site, because here
    every data is quality based material.

  • Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your
    point. You clearly know what youre talking about, why waste
    your intelligence on just posting videos to your
    weblog when you could be giving us something enlightening to read?

  • … [Trackback]

    […] Find More on that Topic: […]

  • Thanks for finally talking about > St. Louis Real Estate –
    Missouri Foreclosures Increase 2.34 Percent < Loved it!

  • This is my first time pay a quick visit at here and i am genuinely pleassant to read everthing at alone place.

  • Fastidious replies in return of this query with genuine arguments and explaining
    the whole thing regarding that.

  • Greetings! Very helpful advice within this post!
    It is the little changes that produce the largest changes.
    Thanks a lot for sharing!

  • Thanks , I have recently been searching for info about
    this subject for a while and yours is the best I have discovered so far.
    However, what in regards to the bottom line?
    Are you sure in regards to the source?

  • Everything is very open with a clear description of the issues.

    It was truly informative. Your website is extremely helpful.
    Thanks for sharing!

  • My partner and I stumbled over here different website and thought I
    might check things out. I like what I see so now
    i’m following you. Look forward to going over your
    web page yet again.

  • I believe what you published made a lot of sense.

    However, consider this, suppose you were to write a awesome title?
    I ain’t suggesting your content is not good, but what
    if you added a title that makes people desire more?
    I mean St. Louis Real Estate – Missouri Foreclosures Increase
    2.34 Percent is a little boring. You ought to glance at Yahoo’s home page and see how they write post titles
    to grab people to open the links. You might try adding
    a video or a picture or two to grab people excited about everything’ve got to say.
    Just my opinion, it could bring your website a little bit more interesting.

  • I am sure this paragraph has touched all the internet users,
    its really really good article on building up
    new web site.

  • … [Trackback]

    […] Find More Information here on that Topic: […]

  • This is very interesting, You are a very skilled blogger. I’ve joined your rss feed and look forward to seeking more of your wonderful post. Also, I have shared your website in my social networks!

  • My spouse and I stumbled over here different web
    page and thought I should check things out. I like what I
    see so now i’m following you. Look forward to finding
    out about your web page yet again.

  • … [Trackback]

    […] Information to that Topic: […]

  • … [Trackback]

    […] Find More Information here on that Topic: […]

  • Oh my goodness! a tremendous article dude. Thank you Nevertheless I am experiencing situation with ur rss . Don’t know why Unable to subscribe to it. Is there anybody getting identical rss problem? Anyone who knows kindly respond. Thnkx

  • Absolutely indited subject material, appreciate it for entropy. “The last time I saw him he was walking down Lover’s Lane holding his own hand.” by Fred Allen.

  • Hi there, i read your blog from time to time and i own a similar one and i was just curious if you get a lot of spam comments? If so how do you reduce it, any plugin or anything you can suggest? I get so much lately it’s driving me crazy so any assistance is very much appreciated.

  • Good write-up, I am normal visitor of one’s website, maintain up the excellent operate, and It’s going to be a regular visitor for a lengthy time.

  • … [Trackback]

    […] Find More here to that Topic: […]

  • I’ve recently started a website, the info you offer on this web site has helped me greatly. Thanks for all of your time & work. “So full of artless jealousy is guilt, It spills itself in fearing to be spilt.” by William Shakespeare.

  • I’m extremely impressed along with your writing abilities and also with the structure on your weblog. Is this a paid topic or did you modify it your self? Either way keep up the excellent quality writing, it is uncommon to look a nice blog like this one nowadays..

  • I really like and appreciate your blog article. Will read on…

  • wow, awesome blog post.Thanks Again. Really Great.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>