Baton Rouge had the 37th lowest foreclosure rate in U.S. metro areas during the first quarter, according to a report by RealtyTrac. There were 449 foreclosures in metro Baton Rouge during the first three months of the year, or one per every 714 households. That’s far better than the national average of one foreclosure for every 159 U.S. households. But the number of foreclosures was up nearly 28% in Baton Rouge, compared with the first quarter of 2008, slightly ahead of the national increase of 23.6% from early 2008. Houma-Thibodaux had the fourth-lowest foreclosure rate out of 203 metro areas, with one per every 5,107 households in the first quarter. Lafayette was eighth lowest, Shreveport 27th lowest and New Orleans had the 67th lowest. Burlington, Vt., had the lowest foreclosure rate for cities, with one per 12,676 households. Las Vegas had the highest, with one per every 22 households.
B.R. ranks low for foreclosures
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