Wednesday, April 23, 2008

California foreclosure “surge”: Up 327% from ’07 levels

LA Land

The number of California homes lost to foreclosure in the first quarter surged 327% from year-ago levels -- reaching an average of more than 500 foreclosures per day -- DataQuick said in a report, warning that the widening foreclosure problem could "spread beyond the current categories of dicey mortgages, and into mainstream home loans."

Posted by becky @ 10:59 PM (609 views)
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One thought on “California foreclosure “surge”: Up 327% from ’07 levels

  • I know a repo house clearance specialist in Wilts/Bournemouth area who is turning work away. “Not enough hours in the day.”

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