FRIDAY, FEBRUARY 11, 2011
As state officials announced the formal launch of a $2 billion foreclosure-prevention program Thursday, a market survey showed the foreclosure crisis maintains a tight grip on Sacramento.
Market researcher RealtyTrac said Sacramento foreclosure filings increased 5.5 percent in January from a year earlier, even as filings statewide dipped 6.6 percent.
One in every 151 homes in greater Sacramento received a filing in January.
"I would say among the hardest hit parts of California, Sacramento definitely stood out, because it increased while a lot of other areas decreased," said spokesman Daren Blomquist.
Nationally, foreclosures increased 1 percent, and the total number of filings totaled less than ...
Read more: http://www.sacbee.com/2011/02/11/3394008/state-launches-foreclosure-prevention.html#ixzz1DfnHYkIK
Posted 11:40 AM
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