Metro area foreclosure rate ranks 61st in nation
Friday, January 29, 2010
The foreclosure rate for the Portland-Vancouver area ranked it 61st among 203 metro areas nationwide in 2009, according to a report from RealtyTrac this week.
A total of 20,017 foreclosures — default notices, auctions and bank repossessions — were filed in the metro area that includes Clark County and four counties in Portland last year. It was an 87.35 percent increase from the number filed in 2008. The report said 2.26 percent of all housing units here (one in 44) received at least one foreclosure filing in 2009. Nationwide, more than 2.8 million properties received foreclosure notices last year, a 21 percent increase from 2008.
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Comments
does Greenspam have any more free money or did it all get shipped to Iraq, never to return
No_205_Bridge — January 29, 2010 at 12:27 p.m. ( permalink | suggest removal )