Thursday, June 08, 2006

Foreclosures in Southern Cal: 29% rise

The number of foreclosures escalated throughout Southern California, with a rise of 29.09% since January 2006.

While Riverside had the highest increase of 56.45%, San Diego County had an increase of 49%, followed by Los Angeles up 16.2%.

The houses that were most affected by the foreclosures were single family homes which made up 76% of the activity, 12% were condominiums, and 4% were duplexes and triplexes.


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