The number of foreclosure filings statewide dropped by 32.6% in January when compared with a year earlier. According to RealtyTrac, a company that follows foreclosed properties, one out of every 3,833 homes in the state received a foreclosure filing in January. That’s far below January’s national average, one foreclosure filing for every 466 U.S. homes. Louisiana ranked 42nd out of all the states and the District of Columbia for foreclosures, while Nevada was once again first, with one foreclosure for every 76 homes. Nationwide, foreclosures increased by 18% in January when compared with the year before. Fannie Mae and Freddie Mac’s moratorium on foreclosure sales and a freeze on new foreclosure actions in Florida impacted the national numbers.
La. foreclosures drop by nearly one-third
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