St Louis MSA Has 8th Highest Foreclosure Rate Among Largest Metro Areas

Yesterday, I wrote an article about the number of foreclosures in St Louis during 2018 dropping to the lowest number in over 12 years, however, in spite of that good news, St Louis still has the 8th highest rate of foreclosure among the 20 largest metro areas in the U.S.

According to data just released by ATTOM Data Research, as the table below shows, during 2018 St Louis had a foreclosure filing for 1 of every 180 housing units.  This rate puts St Louis at the 65th highest rate of the 219 MSA’s in the U.S. with a population of over 200,000 and at the 8th highest rate of the 20 largest MSA’s.  Worth noting is St Louis barely made the list of 20 largest MSA’s coming in at 19th largest based upon population.

  

St Louis Foreclosures Decline Over Thirty Percent In April From Year Before

St Louis foreclosure activity during the month of April decreased to 1 foreclosure action for every 1,524 homes, a decline of 31.58 percent from April 2015, according to a report just released by RealtyTrac.

 

As the table below illustrates, foreclosure activity during the month of April decreased from the month before, as well as the year before,  in all seven Missouri counties that make up the bulk of the St Louis market.

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St Louis Foreclosure Activity April 2016