Utah Notice of Defaults September 2008
Notice
of defaults continued their upward trend after a August lull with 574
default filings for the month of September. Although this is a relatively high number, it is still less than July's
dramatic jump to 892 filings. We can expect a portion of these
loans to end up as foreclosures on the Salt Lake Market. Given the
foreclosure time line, it is likely we will see a surge in foreclosures
in Spring 2009
All data taken from the WFRMLS. Information not guaranteed. All rights reserved Mark Alder ©, a Salt Lake City Real Estate Agent cell (801) 979 6275
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