Salt Lake Foreclosure Rate Doubles. What’s Up with That?
Headline in today’s Tribune: Salt Lake Hardest Hit in Housing. In the first quarter of this year, 5,155 property owners in the Salt Lake metro area, 1 in every 77 properties, received a foreclosure-related notice. This number is 101% higher than the first quarter of 2009 and the biggest increase in the US. Nationally, foreclosure filings rose only 16%. These numbers … [Read more…]