The percentage of Louisiana residents who faced losing their homes in August dropped by 4.36% in August, compared to a year ago. RealtyTrac, which tracks foreclosure actions nationwide, says that 1,559 homeowners in the state received some sort of foreclosure notice in August, down 29% from July. Those notices range from initial notification of loan default to outright lender repossession. Irvine, Calif.-based RealtyTrac says one out of every 1,208 households in Louisiana got some sort of foreclosure action in August, ranking the state 39th overall. Louisiana’s drop was comparable to what was seen nationally: Foreclosures fell by 5% from August 2009. The national average was one foreclosure action per 381 households. Nevada led the nation in foreclosure notices for the 44th consecutive month, with one foreclosure action per 84 households.
La. foreclosures down in August
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