REAL ESTATE NEWS
Untitled Page
December home foreclosures double
Report by First American CoreLogic indicates the activity hit 2.8 percent during the period.
By Kimberly GomesPublished: February 09, 2010 07:50 AM
Foreclosure activity and mortgage delinquencies in the Santa Ana-Anaheim-Irvine area in December more than doubled over the same period the year before, according to a report by First American CoreLogic.
Foreclosures and delinquencies hit 2.8 percent in December, a hike of 1.42 percentage points over 2008’s 1.38 percent.
A little more than 8 percent of December’s mortgage loans were 90 days delinquent, and that’s significantly higher than the 4.57 percent reported during the same period in 2008.
NEXT PAGE >>
Related headlines
Lion Force buys 14,800-square-foot-industrial space in Irvine
O.C. hotel sales plunge in '09
First Foundation economic forecast falls in step with other predictions
|
||||
|
Foreclosures and delinquencies hit 2.8 percent in December, a hike of 1.42 percentage points over 2008’s 1.38 percent. A little more than 8 percent of December’s mortgage loans were 90 days delinquent, and that’s significantly higher than the 4.57 percent reported during the same period in 2008. NEXT PAGE >> Related headlines Lion Force buys 14,800-square-foot-industrial space in Irvine O.C. hotel sales plunge in '09 First Foundation economic forecast falls in step with other predictions |
||||
