Home » NEWS » Banking & Finance » Foreclosures up in metro Jackson, down on Coast

Foreclosures up in metro Jackson, down on Coast

JACKSON and GULF COAST — The Jackson metropolitan area saw a higher year-over-year rate in the number of foreclosure actions taken against homeowners during the first six months of 2010.

In the meantime, Gulfport-Biloxi recorded a sharp drop.

Irvine, Calif.-based RealtyTrac said that Jackson had foreclosure-related filings against 608 properties from January through June. That hit one in every 370 housing units, ranking Jackson 184th among 211 metropolitan areas surveyed by RealtyTrac.

A year ago, Jackson ranked 191st.

In Gulfport-Biloxi, filings hit 298 properties during the first six months of 2011. That affected one in every 368 properties.

Gulfport-Biloxi ranked 183rd on the RealtyTrac list. A year ago, the area was ranked 158th.

About Megan Wright

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>