Foreclosure Activity Increases in February But Down 12 Percent From Year Ago

The foreclosure rate for the St Louis MSA during February increased 22.55 percent from the prior month but declined 12.0% from February 2019, according to data just released from ATTOM Data Solutions.  As the table below shows, only 3 counties in the St Louis metro area saw a decline in foreclosure activity in February from the month before but 10 of the 15 counties reported saw a decline in foreclosure activity from a year ago.  

Three counties, Madison in Illinois and St Louis and Lincoln in Missouri, saw a decline in foreclosure activity from both the month before as well as the year before.

[xyz-ips snippet=”Foreclosures-For-Sale-and-Homes-For-Sale”]

St Louis MSA Foreclosures – February 2020

St Louis MSA Foreclosures - February 2020

Foreclosure Rate In St Louis Continues To Fall As Market Remains Strong

The strong St Louis housing market, as well as the strong economy, continues to help improve mortgage delinquency rates and foreclosure rates in St Louis. The rate of foreclosure in St Louis in April was 1 foreclosure filing for every 2,167 housing units, a decline of 17.4% from the month before when the rate was 1 in every 1,865 housing units, according to the latest data from ATTOM Data Solutions.  The April St Louis foreclosure rate was down 17.9% from the year before.

As the table below shows, over half the counties in the St Louis MSA saw an increase in foreclosure activity in April from the month before, all in the double-digits, however, with the exception of the city of St Louis, all of the larger counties saw a decline from the month before.

[xyz-ips snippet=”Foreclosures-For-Sale-and-Homes-For-Sale”]

St Louis MSA Foreclosure Rate By County – April 2019

St Louis MSA Foreclosure Rate By County - April 2019

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

St Louis Foreclosure Rate Is Seventh Highest of 20 Largest Metros

During the first quarter of this year, there were foreclosure filings on 1,948 properties in the St. Louis MSA, which equates to 1 foreclosure filing for every 51 housing units, according to the latest data from ATTOM Data Research.  As the table below, which shows data for the 20-largest metro areas in the U.S., shows, this foreclosure rate puts St Louis at number 7 on the list in terms of foreclosure rate.

[xyz-ips snippet=”Foreclosures-For-Sale-and-Homes-For-Sale”]

1st Quarter 2019 – Foreclosure Filings – 20 Largest MSA’s

1st Quarter 2019 - Foreclosure Filings - 20 Largest MSA's

Data Source: ATTOM Data Solutions -© 2019 St Louis Real Estate News

St Louis Foreclosure Activity In January Declines Over Twenty Five Percent From Year Ago

St Louis foreclosure activity in January was at the rate of 1 in every 1,533 households, which is down almost 16 percent from December and down over 25 percent (25.79%) from a year ago, according to the latest data from RealtyTrac.  As the table below shows, the county in the St Louis MSA with the lowest foreclosure rate in January 2016 was Calhoun County Illinois, with no foreclosure activity for the month, and the county with the highest rate was St Clair County Illinois with 1 of every 1,223 housing units having foreclosure activity during the month. St Louis County had the highest foreclosure rate of the Missouri counties within the St Louis MSA, with one in every 1,386 housing units having a foreclosure activity.

(We work hard on this and sure would appreciate a “Like”)[iframe http://www.facebook.com/plugins/like.php?href=https%3A%2F%2Fwww.facebook.com%2FStLouisRealEstateNews&send=false&layout=standard&width=50&show_faces=false&font&colorscheme=light&action=like&height=35&appId=537283152977556 100 35 ]

Search St Louis Foreclosures For Sale HERE

Search St Louis Homes For Sale HERE

Continue reading “St Louis Foreclosure Activity In January Declines Over Twenty Five Percent From Year Ago

St Louis Foreclosure Activity Continues Downward Trend

St Louis foreclosure activity continued to decline in November with the number of foreclosure actions decreasing in all of the St Louis core counties from the month before, according to a report just released this morning from RealtyTrac.  The St Louis MSA as well as the core counties that make up the bulk of the St Louis market in Missouri, also saw double digit declines in foreclosure activity in November from the year before with the exception being Jefferson County which, as the table below shows, saw an increase of almost 90%.

(We work hard on this and sure would appreciate a “Like”)[iframe http://www.facebook.com/plugins/like.php?href=https%3A%2F%2Fwww.facebook.com%2FStLouisRealEstateNews&send=false&layout=standard&width=50&show_faces=false&font&colorscheme=light&action=like&height=35&appId=537283152977556 100 35 ]

Search St Louis Foreclosures For Sale

Continue reading “St Louis Foreclosure Activity Continues Downward Trend