Thursday, April 15, 2010

Utah among highest in surge of foreclosure filings

The number of Utah households facing foreclosure jumped by 75 percent in the first quarter from a year ago, much higher than the 16 percent increase nationally, a new report shows. Nearly 10,800 households in the state, or one in every 88 homes, received a foreclosure-related notice, said RealtyTrac, an Irvine, Calif.-based company that tracks filings. The firm said Utah has the fifth-highest rate of foreclosure filings of all states, behind only Nevada, Arizona, Florida and California. The Salt Lake Tribune