State’s foreclosures up 27 percent over prior quarter
Published: October 13,2011
ACROSS MISSISSIPPI — Nearly 600 Mississippi homeowners reached the end of the line during the third quarter, losing their homes to foreclosure.
That’s according to Irvine, Calif.-based RealtyTrac, which tracks foreclosure actions nationwide.
RealtyTrac said 1,069 properties were targeted for some sort of foreclosure action from July through September. Of those, lending institutions took back 583 and the other 486 received a final notice of sale.
Those actions affected one in every 1,199 housing units in the state, ranking Mississippi 44th in the RealtyTrac count.
Foreclosure actions in Mississippi rose 27 percent from the second quarter of 2011, but were down 25.4 percent from the third quarter of 2010.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- David Duval, former British Open winner, joins Sanderson Farms field
- Court rules against Greenwood councilwoman; must give up office
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- Alcorn president launches new customer service task force
- Cochran continues to reach out to African American voters
- Turner Grain’s bankruptcy will help consolidate lawsuits alleging breach of contract
- ‘Little Boogaloo’ Eden Brent happy singing the blues
- Hole-by-hole look at Sanderson Farms Championship course at CCJ
- Senators write letter over Waters of the United States proposal