Real estate foreclosure activity rises in Q2

Foreclosure activity in several Western markets rose in the second quarter compared to second-quarter 2005 after a dip in the first quarter year-over-year foreclosure activity, according to Foreclosures.com, a foreclosure research company.

California has seen gains in foreclosure activity, and recently hot housing markets in Las Vegas and Phoenix were cooling off rapidly and defaults there were on the rise, too, according to Alexis McGee, Foreclosures.com president.

"Both Las Vegas and Phoenix were impacted by speculato

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.