Foreclosures nationwide grew 24% during the first quarter of this year, according to the foreclosure listing firm RealtyTrac Inc. Louisiana’s rate grew only 1.7% in comparison. Nevada tops the foreclosure list, with one in 27 homes receiving a foreclosure filing. Louisiana ranked 40th. During the first quarter, Louisiana foreclosure filings were reported on 1,971 properties compared to 41,296 properties for Nevada. California, Florida, Arizona, Nevada and Illinois accounted for almost 60% of foreclosures across the country during the first quarter, according to the report. Mississippi ranked 44th, Alabama 35th and Texas 29th in foreclosure filings.—Steve Clark
Louisiana foreclosures lag behind national spike
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