Friday, October 20, 2006

Increased Foreclosures in California

Dqnews.com reports that "Residential foreclosure activity in California surged to its highest level in more than four years last quarter..." Default notices were "up 28.3 percent from 20,812 for the prior quarter, and up 111.8 percent from 12,606 for 2005's third quarter."

To read more: Steep Increase in California Foreclosure Activity

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