Among those new hot spots were Boise City-Nampa, Idaho which saw a 142 percent increase in foreclosures in the third quarter compared with the same period a year ago. Other new foreclosure hot spots include Provo-Orem (120 percent increase) and Salt Lake City (105 percent increase) metro areas, both of which are in Utah.
And in California, the Chico metro area saw a 98 percent increase in its foreclosure rate during the third quarter, the largest year-over-year increase in the state.
Leading the nation was the Las Vegas-Paradise, Nev. metro area, where one in every 20 households received a foreclosure notice in the third quarter. Foreclosure notices are defined as a default notice, bank repossession or auction sale notice.
