foreclosure rate for lafayette parish and acadiana: REO listings on the rise in Lafayette parish and Acadiana
- 04/18/11 03:57 AM
Since the beginning of the year, we have seen a slight increase in the number of REO listings in our area.
As of April 15th, REOs, or bank owned properties, represented 3.3% of the active listing inventory in Lafayette parish and 4.75% in all the Acadiana area. Since the beginning of the year, REOs have accounted for about 8% of all home sales in Lafayette parish and 14% in Acadiana.
In September of 2009, I wrote about the foreclosure rate in Acadiana and Lafayette parish. At the time, active listings represented 1 to 2% of our inventory in Lafayette and … (0 comments)
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Since the beginning of the year, we have seen a slight increase in the number of REO listings in our area.
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