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Missouri home foreclosure filings increase 2 percent in July

Thursday, August 13, 2009 | 3:01 p.m. CDT

KANSAS CITY — The number of home foreclosure filings in Missouri increased slightly in July.

A report released Thursday by RealtyTrac, based in Irvine, Calif., shows 3,175 foreclosure filings in Missouri last month. That's a 2 percent increase from June. It's 9.6 percent lower than July 2008, but a representative from RealtyTrac said some of the records included in last year's report stopped being collected in January.

Filings include default notices, auction-sale notices and bank repossessions.

One in every 834 housing units in the state received a foreclosure filing in July. That rate is well below the national average of one in every 355 households, ranking Missouri 27th nationally.

Nevada had the nation's highest foreclosure rate in July — one in every 56 housing units. California was second, and Arizona was third.

 


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