Foreclosures fall in Oklahoma during October

TULSA, Okla. (AP) - A report by a real estate data service says the number of home foreclosures in Oklahoma fell by 36 percent from September to October.

The report by RealtyTrac estimates 817 foreclosures were filed in October. That's one for every 1,967 households in the state.

Nationwide the number of foreclosures rose by more than 5 percent in October to a rate of one for every 452 households.

The highest rate of home loan defaults is in Nevada for the 22nd straight month with one of every 74 homes foreclosed on in October.

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Information from: Tulsa World, http://www.tulsaworld.com

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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