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2012-10-17 10:39:45
Utah Home Foreclosures Dropping Drastically

Utah Home Foreclosures Dropping Drastically

 

According to RealtyTrac US Foreclosure Market Report for September and the third quarter of 2012, the foreclosure filings in Utah dropped nearly 54 percent from the same month last year.

So that makes it 1 in every 908 Utah households registered a foreclosure filing, compared to the US average of 1 in every 730 homes.

Now for the 3rd quarter of the year, Utah is down 60 percent in filings over 3rd quarter of 2011.

 

This is great news for the Real Estate market in Utah, because of the drastic drop in the distressed properties coming on the market we have seen home prices rise every month this year.

 
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