Number of St Louis Homeowners Losing Homes in Foreclosure Declining

Saint Louis Realtor, Dennis Normanst-louis-real-estate-realtor-dennis-normanOver 10,000 St. Louis homeowners (10,101) lost their homes in foreclosure for the 12 month period ending September 2012, according to a report released by Corelogic.  We should see fewer Saint Louis homeowners lose their homes to foreclosure in the coming year though as the St. Louis foreclosure inventory (those homes in some stage of the foreclosure process) is declining with 1.5 percent of all St Louis homes with a mortgage being in the foreclosure process in September, down 0.3 percent from the rate a year ago.



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