St. Louis foreclosure activity increased during the 3rd quarter of 2011 by 12.16 percent from the prior quarter with 1 of every 255 St. Louis metro area homeowners having a foreclosure filing according to RealtyTrac’s foreclosure market report that was just released. As the chart below depicts, of the eight largest counties in the St. Louis metro area all but Franklin County saw an increase in foreclosure activity during the quarter with Madison County Illinois leading the way with a 66 percent increase.
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Only four of the seventeen counties in the St. Louis metro area had an increase in foreclosure activity in 3rd quarter 2011 from 3rd quarter 2010.
On a national level, there was only a 0.35 percent increase in foreclosure activity in 3rd quarter 2011 from the quarter before and was a 34.4 percent decrease from the year before.
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