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2012-10-26 17:31:24
Foreclosures down in Utah metro areas

The number of homes in default in the state's three largest metropolitan areas fell significantly during the third quarter of 2012. In Utah, the Salt Lake City metro area - ranked 87th overall - saw a 41% drop in foreclosures from the previous quarter and 53% year over year registering one foreclosure filing for every 276 households. The national average rate was one foreclosure filing for every 248 households. The Provo-Orem area, ranked 131st, reflecting a foreclosure rate of 1 in 410 households, saw its foreclosure rate decrease nearly 51% from the last quarter and 69% from the third quarter of last year.
Read article - Deseret News

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