Foreclosure records posted in Provo-Orem, SLC
Fri, 11/13/2009 - 09:55
(The Enterprise) According to RealtyTrac, Provo-Orem and Salt Lake City had two of the three largest increases in home foreclosures during the third quarter. Increased unemployment and ARM mortgage resets have shifted foreclosure rates into areas that had not been hit earlier. Provo-Orem’s foreclosure rate is up 10.87 percent, and Salt Lake City is up 28.52 percent. There are currently 4,231 properties in foreclosure in the Salt Lake City market.
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