U.S. foreclosures increased by 23% in the third quarter as the recession caused people to have trouble paying their house notes. One out of every 136 households received a foreclosure filing, according to RealtyTrac. Baton Rouge ranked 152nd out of 203 metro areas for foreclosures, with one filing per 375 homes. That’s a 129% increase over the rate in the third quarter of 2008, but RealtyTrac notes the increase may not be as high because of improved collection data. Las Vegas continued to have the highest foreclosure rate, with one out of every 20 homes getting a notice during the quarter.
B.R. foreclosures still low
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