St Louis Foreclosures Increase In January But Down Almost 50 Percent From Year Ago

By Dennis Norman, on February 13th, 2014

St Louis foreclosures increased in January to the point where 1 of every 1,649 housing units in the St Louis metro area had a foreclosure action on it during the month, an increase of 21.70 percent from the rate in December 2013, however a decline of almost 50% (47.06%) from January 2013, according to the latest data released today by RealtyTrac.

As the table below shows, all the counties that make up the core of the St Louis real estate market (on the Missouri side of the river) saw declines in foreclosure activity from a year ago with the exception of Jefferson County which saw foreclosure activity spike in January, increasing 128% from the month before and over 13% from a year ago. Jefferson County also had the dubious distinction as having the highest rate of foreclosure activity during January 2014 of any county in Missouri.

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Data Source: Realty/Trac – Copyright 2014 St Louis Real Estate News

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