Short Sales are an Option to Stop
Foreclosure
Utah foreclosures made the top ten in States with the
highest foreclosure rates.
If you need Short
Sale Help in Utah don't drag your feet. Call
us today. Don't be one of the many foreclosure
statistics.
Foreclosures have increased despite
intervention
The foreclosure crisis continued to grow in the first half of
2009, affecting more than 1.5 million homes, according to a
mid-year report from foreclosure listing service RealtyTrac
Inc.
The report cites a 9 percent increase in total properties in
foreclosure compared to the previous six months, and a nearly
15 percent increase in total properties facing foreclosure
compared to the first six months of 2008.
The report also says that 1.19 percent of all U.S. housing
units (one in 84) received at least one foreclosure filing in
the first half of the year.
"In spite of the industry-wide moratorium earlier this year,
along with local, state and national legislative action and
increased levels of loan modification activity, foreclosure
activity continues to increase to record levels," said James J.
Saccacio, chief executive officer of RealtyTrac, in a prepared
statement.
States with the highest foreclosure rates are:
Nevada
Arizona
Florida
California
Utah Georgia
Michigan
Illinois
Idaho
Colorado
States with the highest number of actual foreclosures
are:
California
Florida
Arizona
Illinois
Nevada
Michigan
Ohio
Georgia
Texas
Virginia
Information source: Realty Trac 7-16-2009
So avoid forecosure. Call us today for Short Sale
Information and to get Short
Sale Help.
Equity Real Estate 801-347-3384
|