Utah Foreclosure Rate Still Falling

The Utah foreclosure rate, which has recently been lower than many other states, has fallen even further. Experts attribute it to the state’s high rate of economic and job growth and low unemployment. More people making money means less people being unable to make payments to avoid foreclosure. The foreclosure rate has been stable in the state for sometime, and it seems as though it may not be the best place in the country to invest in foreclosure. Other areas, with more flooded markets, will probably provide better prices.

[via Salt Lake City Tribune]

Popularity: 1% [?]

Bookmark to: