Tracking company shows Ark. foreclosures rise 26 percent - WMC Action News 5 - Memphis, Tennessee

Tracking company shows Ark. foreclosures rise 26 percent

LITTLE ROCK (AP) - A California company that tracks home foreclosures says the number of Arkansas homes in some stage of foreclosure jumped 26.44 percent last year.

Arkansas ranked 26th nationwide last year with 14,310 foreclosures, up from 11,318 in 2006, according to RealtyTrac Inc. The foreclosures were on 6,406 properties, and the foreclosure rate was 0.51 percent.

Pulaski County had the most foreclosures in 2007 in Arkansas with 3,528, up 8 percent from 3,258 foreclosures in 2006. Garland County had the biggest rate increase, 135 percent. Foreclosures in that county rose from 362 in 2006 to 849 last year.

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