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 Foreclosure Activity Increases In October But Down Overall

St Louis Foreclosure Activity was on the rise during the month of October with a big spike in foreclosure activity from the month before in St Charles and Franklin Counties as well as the St Louis MSA as a whole, according to newly released data from RealtyTrac.  As the table below shows, St Charles County saw an increase of over 3,000% in foreclosure activity during the month of October from September, and over a 400% increase in activity from October 2013, however, this is the result of a large influx of REO property in October.  When you look at the second table below, showing year-to-date foreclosure activity, you will see that St Charles County foreclosure activity is actually down 13.6% in 2014 from the same time period in 2013.

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