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Thursday, February 10, 2011

Foreclosure Filings Climb 16 pct. in Missouri, St. Louis Area

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St. Louis-area foreclosure filings climb in January

By TIM LOGAN
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Thursday, February 10, 2011

The number of St. Louis-area homeowners facing foreclosure swung back up in January, after two months when banks put on the brakes.
Filings of foreclosure sales and repossessions in the region were up 10 percent from December to January, and ran 16 percent ahead of last January's clip, according to new numbers this morning from RealtyTrac.
The real estate data firm reports that 1,688 local homes were either set for a foreclosure auction or repossessed in the month. That's below the record pace set for much of last year, though more than were filed last January.

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