SALT LAKE CITY -- Utah's foreclosure rate is holding steady at seventh in the nation after activity dropped 1 percent between March and April, and 21 percent year-over-year.
Data released Thursday by RealtyTrac Inc. shows one in 419 Utah housing units saw a foreclosure filing in April. That's still well behind the rates of Nevada, California, and Florida, which lead the nation.
Nationally, RealtyTrac reports just under 189,000 properties had a foreclosure filing in April. That's a 5 percent decrease from March, and it's the lowest monthly total since July 2007.
The firm says rising foreclosure activity in many states and metropolitan areas was counteracted by decreases in some of the hardest-hit southwestern states, such as Nevada, Arizona and California.