St Louis Foreclosure Sales Rise Almost 50 Percent During Third Quarter

st-louis-realtor-There were 1,891 foreclosure sales in St. Louis during the third quarter of 2012, according to a report from RealtyTrac. This is a 46 percent increase from 2nd quarter and a 16 percent increase from the third quarter of 2011.   A little under one in five St Louis homes (17.21 percent) that sold during the third quarter of 2012 were foreclosures.  The average price St Louis foreclosures sold during third quarter was $102,041 and represented a discount of 37.07 percent from non-foreclosure home sales, according to the report.
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