SALT LAKE CITY (AP) — Utah’s foreclosure rate is the 10th highest in the nation.
Data released Thursday by RealtyTrac Inc. shows that one in 592 Utah housing units saw a foreclosure filing in May.
That’s an improvement from April, when Utah had the 7th highest foreclosure rate — with one in 419 homes seeing a foreclosure filing.
Georgia, Arizona, Nevada, California, Illinois and Florida had the highest foreclosure rates in the nation.
Nationally, RealtyTrac reports just under 206,000 properties had a foreclosure filing in May.
That compares with fewer than 189,000 homes in April.
The firm says the foreclosure increases in various states illustrates that the housing market is still on a bumpy ride toward recovery.
