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Posts Tagged ‘foreclosure’

Foreclosure activity declines in Kansas in November

In kansas on December 11, 2009 at 12:46 am

Kansas ranked No. 37 for residential foreclosure activity in November, according to a list released Thursday by RealtyTrac Inc.

Nationwide, RealtyTrac reported foreclosure filings on 306,626 properties in November. That was a decrease of nearly 8 percent from October but was up 18 percent from November 2008.

To get an idea of how serious the problem is, consider that one in every 417 U.S. housing units received a foreclosure filing last month. In Kansas, 878 properties received foreclosure filings in November, meaning that one in every 1,389 homes in the state was in the foreclosure process. The November total was down 5.5 percent from October but was up 24 percent from November 2008.

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