Baton Rouge ranked 158th on a newly released survey of foreclosure rates for 203 U.S. cities. During the first half of the year, there were 1,237 homes with foreclosure fillings in the Capital Region, or 0.39% of the homes in the area, says RealtyTrac. That’s far below the national average of foreclosure filings for 1.19% of U.S. housing units. RealtyTrac noted that foreclosure filings in Baton Rouge increased by 67% from the first half of 2008, but cautioned that the change may be due to changes or improvements in data collection.
New Orleans was ranked 119th, with one foreclosure filing per 167 housing units, Shreveport-Bossier City was 168th with one filing per 344 households, Lafayette was 191st, with one filing per 659 housing units and Houma-Thibodaux was 196th with one filing per 1,119 housing units. Las Vegas had the highest foreclosure rate; nearly 7.5% of homes in Sin City had a filing against them in the first half of the year.
