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Foreclosures Still on the Rise in Missouri and Kansas

According to statistics from RealtyTrac, foreclosure activity in Missouri and Kansas saw a significant increase in the first half of 2010 in comparison to the first half of 2009.

The report said that 17,242 properties in Missouri received some sort of foreclosure notice, which was 0.65 percent, or one out of every 155 properties. That number was an increase of 24.22 percent from the first half of 2009. However, Missouri was ranked No. 30 among states, meaning that 29 states had a worse rate.

There were 6,602 properties receiving a foreclosure notice in Kansas, which was 0.54 percent, or one out of every 186 properties. That number was an increase of 41.67 from the first half of last year. But Kansas’ foreclosure rate was ranked better than Missouri’s, at No. 34 among states.

Across the U.S., there were more than 1.65 million properties in foreclosure during the first half of the year, an increase of 8.26 percent from the first half of 2009.

The states with the worst ratings for foreclosure were Nevada, Arizona, Florida, and California. Nearly six percent of housing units in Nevada, or one out of every 17, received at least one foreclosure filing in the first half of 2010. Arizona’s rate was 3.35 percent, or one out of every 30, Florida’s was 3.15 percent, or one out of every 32, and California’s was 2.54 percent, or one out of every 39.

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