Thursday, July 08, 2010

Wasatch County Foreclosures


Wasatch County Foreclosures

Wasatch County has 411 properties in some stage of mortgage default. Realty Trac lists 99 Properties as defaults with a status of "pre-foreclosure," 75 up for auction in a trustee sale and 237 Banked Owned properties as of 6/14/2010. Also listed are 253 house "For Sale/MLS" in Wasatch County.

At 1 foreclosure per 97 Households, the state of Utah was tied for the fifth highest rate with Idaho in the 3rd quarter of 2009. The list was led by Nevada, 1 in 23; Arizona and California, 1 per 53 and Florida with 1 in 56. The National average was 1 in 136, Vermont was last with 1 per 5,000

City-data reports there were 3,824 owner-occupied houses and condos and 919 Renter-occupied apartments in July 2008 for a total of 4,743. The Census estimate for 2008 indicates 9,660 "Housing Units." It appears the Wasatch County default rate is between 1 in 12 and 1 in 24 households - much higher than average. For comparison, Summit County lists 815 foreclosures, Duchesne a mere 17

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