St Louis Foreclosure Activity Drops Nearly 50 Percent In Past Year

By Dennis Norman, on July 17th, 2014

St Louis Foreclosure activity dropped in June to a rate of 1 foreclosure action on every 2,070 units, a decline of nearly 50 percent (49.58%) from June 2013, and down 13.11% from the month before, according to a report just released this morning by RealtyTrac.  The table below shows the numbers for the St Louis metro area as a whole as well as a breakdown by county and, as the table shows, all the counties in the St Louis, Missouri core market saw declines of nearly 50% or better in the past year and all, except the city of St Louis, saw double-digit declines from May 2014.

On the national level there is good news as well as foreclosure activity declined in June 2014 to the lowest level since July 2006, before the housing market meltdown.

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Copyright 2014 St Louis Real Estate News – All Rights Reserved – Data Source: RealtyTrac

For Additional Information on St Louis Foreclosures Please Visit – StLouisForeclosures.com

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