REAL ESTATE
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O.C. foreclosures, continued ...
Orange County ranked No. 33 for its foreclosure ratings out of all the metropolitan areas measured, according to RealtyTrac.
Statewide, California posted the second-highest state foreclosure rate, though the amount of activity fell 4 percent compared to April. About 92,250 filings were reported in the state, up nearly 23 percent from last year. Six metropolitan areas in California were among those with the top 10 highest foreclosure rates.
Nationwide, filings were reported on 321,480 properties in May. It's a decrease of 6 percent compared to April, but it's an increase of about 18 percent compared to last year. One in every 398 U.S. housing units received a foreclosure filing last month.
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Related headlines
'OC METRO Minute,' June 9: Impact of distressed-home sales
'OC METRO Minute,' June 5: O.C. homes undervalued by 11 percent
Orange County sees third largest percentage drop in unemployment in April
O.C. foreclosures, continued ...
Orange County ranked No. 33 for its foreclosure ratings out of all the metropolitan areas measured, according to RealtyTrac. Statewide, California posted the second-highest state foreclosure rate, though the amount of activity fell 4 percent compared to April. About 92,250 filings were reported in the state, up nearly 23 percent from last year. Six metropolitan areas in California were among those with the top 10 highest foreclosure rates.
Nationwide, filings were reported on 321,480 properties in May. It's a decrease of 6 percent compared to April, but it's an increase of about 18 percent compared to last year. One in every 398 U.S. housing units received a foreclosure filing last month.
<< PREVIOUS PAGE
Related headlines
'OC METRO Minute,' June 9: Impact of distressed-home sales
'OC METRO Minute,' June 5: O.C. homes undervalued by 11 percent
Orange County sees third largest percentage drop in unemployment in April
