ALASKA'S NEWSPAPER

| Updated: 12:24 AM

Alaska 33rd among states in rate of home foreclosures

The Alaska home foreclosure rate remains light compared to the rate in many parts of the country, according to data released today by RealtyTrac Inc., a foreclosure listing service.

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RealtyTrac said 1,529 Alaska households received foreclosure notices between January and June. That translates to about one in every 185 households in Alaska getting the foreclosure warning.

That places Alaska 33rd among the states, RealtyTrac said.

Nationwide, about 1.7 million homeowners received a foreclosure-related warning between January and June. That translates to one in 78 U.S. homes.

Nevada had the highest ratio: one in every 17 households receiving a foreclosure notice during the period. Vermont had the lowest ratio: one in every 4,008 households.

Separately, CoreLogic HPI, another business that tracks real estate trends nationwide, said that single-family house prices in the Anchorage/Mat-Su region declined 2.21 percent in May, compared with a 1.63 percent decline a year earlier. That compares with a 2 percent increase nationally.

When removing "distressed sales" from the calculation, Anchorage/Mat-Su prices declined 0.4 percent, compared with a national increase of 0.9 percent, CoreLogic said.

Those figures are slightly gloomier than the numbers being reported by Alaska Multiple Listing Service. MLS says the average sales price for single-family houses in Anchorage from January through May was $323,696, up 0.9 percent from last year. The average price in Mat-Su was $222,419, up 0.4 percent, MLS said.

Nationwide, nearly 528,000 homes were taken over by lenders in the first six months of the year, a rate that is on track to eclipse the more than 900,000 homes repossessed in 2009, according to RealtyTrac Inc.

"That would be unprecedented," said Rick Sharga, a senior vice president at RealtyTrac.

By comparison, lenders have historically taken over about 100,000 homes a year, Sharga said.

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