St Louis Foreclosure Activity Down In Most Areas

By Dennis Norman, on April 14th, 2016

St Louis foreclosure activity during the first quarter of this year in the St Louis metro area was at a rate of 1 of every 469 homes, ranking St Louis 99th, in terms of foreclosure rate (a list that is good to be low on), of metropolitan areas in the U.S. with a population in excess of 200,000 people, according to a report just released by RealtyTrac.   The foreclosure rate in St Louis during the 1st quarter of 2016 declined 10.55 percent from the quarter before and declined 13.67 percent from the first quarter of 2015.

As the table below illustrates, foreclosure activity in all but two of the counties in Missouri that make up the St Louis MSA saw a decline in foreclosure activity from the prior quarter and all, but the city of St Louis, saw a decline from a year ago.

 

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