St Louis foreclosure rate on track to top last year

st-louis-realtor-dennis-norman-real-estate-foreclosuresThis morning, RealtyTrac released their U.S. Metropolitan Foreclosure Market Report for the first half of 2012 which shows that foreclosure filings (default notices, scheduled auctions and bank repossessions) we’re reported on 9,672 properties in the St. Louis metro area in the first half of 2012, which is a 10.08 percent increase from the prior 6-month period and a 8.27 percent increase from the first half of 2011. During the first six months of 2012, 1 out of every 129 homes in St. Louis had a foreclosure filing.

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