The number of foreclosures increased in Baton Rouge and four other Louisiana metro areas during the first half of the year, bucking a widespread national trend. RealtyTrac surveyed 211 metropolitan areas with a population of 200,000 or more. Louisiana countered a trend in which 178 of national metro areas had a year-over-year decrease in foreclosure activity. Baton Rouge recorded filings against 1,979 properties in the first half of 2011, affecting one in every 168 housing units. That’s up 8.9% from the first half of 2010, and the smallest increase of any Louisiana metro area. Baton Rouge moved from 150th in the RealtyTrac survey of metro areas to 124th. Houma-Thibodaux saw foreclosures increase by 28.7% in the first half of the year, Lafayette was up 15.6% increase, New Orleans increased by 12%, and Shreveport-Bossier had a 10% increase.
B.R. foreclosures up, versus national trend
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