Industry News

California real estate foreclosures hit 4-year high

Third-quarter activity up 112% from a year ago
Published on Oct 18, 2006

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by CareyBot

Residential foreclosure activity in California reached its highest level in more than four years in the third quarter, real estate data company DataQuick Information Systems reported. Lending institutions sent 26,705 default notices to homeowners in the state during the three-month ...