Friday, June 4, 2010

Foreclosure Boom: Eagle Mtn Not Far Behind

Between July 2008 and March 2010, 1,967 homes -- roughly 1.5 percent of the county's houses -- were listed as real-estate owned homes, or REOs. These are homes taken over by lenders after failing to sell at foreclosure auctions.

The areas with the most REOs are some of the valley's fastest-growing communities. Lehi is in first place, with 285, followed by Provo, 224; Saratoga Springs 216; Orem, 211; Eagle Mountain, 184; Spanish Fork, 118; Highland, 113; and Pleasant Grove, 109.-Salt Lake Tribune

Click here for the full story.

No comments: