Thursday, February 24, 2011

Cache County sees steady stream of foreclosures in January

Cache County is seeing a steady pace of foreclosures, but the numbers aren't as bad as in other parts of the state., a website that publishes the largest database of foreclosure, auction and bank-owned homes nationwide, reported in January 2011 that Cache County saw 76 foreclosed properties, or one in every 467 housing units. That's not as dire as Iron County, which saw 90 foreclosures last month (one in every 207 housing units), or Washington County at 348 closures last month (1 in every 162 housing units).

The website shows that Cache County is in the middle of the state statistically when it comes to the number of foreclosed properties in January. Millard County only had one foreclosure (one in every 4,857 housing units), while Washington County saw the most. Some data for other Utah counties were not available on the website.

Within Cache County, Logan saw 40 foreclosures in January with one in every 557 properties seeing foreclosure. Clarkston was hit the hardest per capita, with two foreclosure properties one in every 138 units seeing foreclosure.

Herald Journal News