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Foreclosure Flood Continues
Published: Wednesday, May 14, 2008 11:33 AM PDT
Countywide, 5,297 households received at least one foreclosure-related notice in April, RealtyTrac reported this morning.
The filings total was about 8 percent lower than in March, when 5,786 filings were recorded. But the month's filings marked a 103 percent increase over April of last year.
Divided by the number of households in the county, there was one record filed per every 213 homes in San Diego County, RealtyTrac reported.
Columnist Rich Toscano took an interesting look at the comparison between foreclosures occurring now and in the 1990s housing downturn. Click here to read his take in Nerd's Eye View.
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