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REAL ESTATE
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Santa Ana’s First American CoreLogic: foreclosures up

The data tracking company reports increases in November rates for Santa Ana-Anaheim-Irvine.

By Susan BelknappPublished: January 17, 2010 10:16 PM

According to Santa Ana-based First American CoreLogic, November foreclosure rates in Santa Ana-Anaheim-Irvine increased over the numbers for the same period last year.

The most recent numbers released by the real estate data tracking company indicates foreclosures among outstanding mortgage loans is 2.68 percent for the month of November, an increase of 1.37 percentage points compared to November of 2008 when the rate was 1.31 percent.

This foreclosure activity in Santa Ana-Anaheim-Irvine is lower than the national foreclosure rate, which was 3.09 percent for November 2009, representing a 0.34 percentage point difference.

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