More than 75 percent of major metropolitan areas in the U.S. are posting high foreclosure rates, according to a midyear report from foreclosure listing service RealtyTrac.
The Provo-Orem area was Utah's hardest-hit metro in the first half of 2010, with about 3,000 foreclosure-related filings by the end of June, the RealtyTrac report said. That number is an 8.37 percent improvement from the last half of 2009.
Salt Lake City was 36th on the list, with more than 8,000 properties undergoing foreclosure. That amounts to about two homes for every 48.
Click Here To Read: Home Foreclosures Still Hit Utah Metro Areas...
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