The Foreclosure Rate in the St Louis Metro Area Falls Again In November

The foreclosure rate for the St Louis MSA during October decreased 6.0 percent from the month and was down 4.2% from November  2018, according to data just released from ATTOM Data Solutions.  As the table below shows, there were, like last month, some mixed results.  For example, St Charles County saw a 20% increase in foreclosures from the month before while the City of St Louis saw a 27% decrease from the month before.  The U.S. as a whole saw a bigger decline in foreclosure activity than the St Louis MSA did.

  

St Louis MSA Foreclosures – November 2019

St Louis MSA Foreclosures - November 2019

St Louis Foreclosures Decline In Third Quarter Over 27 Percent From Year Ago

The St Louis foreclosure rate during the 3rd quarter of this year was 1 in every 766 housing units, a decline of nearly 1% from the prior quarter and a decline of over 27% from a year ago, according to data just released from ATTOM Data Solutions.  As the table below shows, 6 of the counties in the St Louis MSA saw an increase in the foreclosure rate during the 3rd quarter from the prior quarter and only two counties saw an increase from a year ago.

  

St Louis MSA Foreclosures – 3rd Quarter 2019

St Louis MSA Foreclosures - 3rd Quarter 2019

St Louis Foreclosure Rate Drops By Double Digits

The rate of foreclosure in St Louis during the 2nd quarter of this year was 1 foreclosure filing for every 759 housing units, a decrease of 15.68% from the prior quarter and a decline of 18.54% from the 2nd quarter of 2018, according to data just released by ATTOM Data Research.  St Louis has the 73rd highest foreclosure rate of the 220 MSA’s ranked in the report.

As the table below shows, only three counties in the St Louis MSA saw an increase in foreclosure activity this quarter from the prior quarter and, with the exception of Lincoln County, none saw an increase from a year ago.

  

St Louis MSA Foreclosure Rate By County – 2nd Quarter 2019

Data Source: ATTOM Data Solutions -©2019 St Louis Real Estate News – All Rights Reserved