State’s foreclosure rate plummets
ACROSS MISSISSIPPI — Foreclosure actions against Mississippi homeowners fell 29 percent from March to April.
That is according to Irvine, Calif.-based RealtyTrac, which counts foreclosure actions nationwide.
Last month, there were 369 foreclosure-related notices in Mississippi — down 29 percent from March and up 10 percent April 2009. Those notices range from an initial notice of default to outright repossession.
In Mississippi, 172 homes were repossessed last month.
RealtyTrac says repossessions nationally hit a record monthly high in April with 92,432 taken back by lenders.
Mississippi ranked 46th among the states in the number of foreclosure-related actions last month.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Brandon man hauls in record 756-pound alligator
- McDaniel delays decision on whether to appeal dismissal of lawsuit
- More than a dozen school districts sue state over funding
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Jackson to get C Spire's high-speed internet
- Is cotton looking too good? Farmers facing weaker prices
- New York firm buying majority interest in Tupelo mall, shopping center
- Bryant issues executive order to establish Delta water task force