Louisiana foreclosures increased in April 2011. The Daily Advertiser posted the news in its Friday, May 13 edition in their Business Section (Section B) of the newspaper. It reported the rate of foreclosure actions increased 11.8% from March and 23.8% compared to April 2010 placing Louisiana 22nd in the nation.
The data was obtained from Realty-Trac, a California-based firm that monitors and records foreclosure details nationwide. The information on Louisiana foreclosures is available to the public via their web site.
Here's the breakdown for new foreclosures in Acadiana - April 2011:
ACADIA PARISH - 3 foreclosures, 1/8356 housing units
- Church Point - 2 foreclosures
- Crowley - 1 foreclosure
EVANGELINE PARISH - 2 foreclosures, 1/7656 housing units
- Mamou - 1 foreclosure
- Ville Plette - 1 foreclosure
LAFAYETTE PARISH- 124 foreclosures, 1/735 housing units
- Lafayette - 76 foreclosures
- Carenco - 17 foreclosures
- Youngsville - 12 foreclosures
- Scott - 10 foreclosures
- Duson - 5 foreclosures
- Broussard - 4 foreclosures
IBERIA PARISH- 7 foreclosures, 1/4322 housing units
- New Iberia - 7 foreclosures
ST. LANDRY PARISH- 22 foreclosures, 1/1790 housing units
- Opelousas - 12 foreclosures
- Eunice - 5 foreclosures
- Arnaudville - 2 foreclosures
- Washington - 1 foreclosures
- Sunset - 1 foreclosures
- Port Barre - 1 foreclosures
ST. MARTIN PARISH - 4 foreclosures, 1/5655 housing units
- Breaux Bridge - 2 foreclosures
- St. Martinville - 2 foreclosures
VERMILION PARISH- 18 foreclosures, 1/1378 housing units
- Abbeville - 8 foreclosures
- Erath - 4 foreclosures
- Kaplan - 4 foreclosures
- Gueydan - 1 foreclosures
- Maurice - 1 foreclosures
Note: The foreclosure rate (i.e., 1/100) is calculated by dividing the total number of housing units in the respective parish (based on U.S. Census data) by the total number of foreclosure filings (a default notice, foreclosure auction or bank repossession) during the month.
If you're experiencing financial hardships, are behind in your mortgage payments, or facing foreclosure, take the steps necessary to try and avoid losing your home. Let's talk to discuss what may be done to help. All calls are strictly confidential.
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Copyright © 2011 By Mike Mayer and/or i List For Less, LLC. All Rights Reserved.