Monday, March 26, 2007

Local foreclosures more than tripled in last year

From today's Bakersfield Californian:

The Bakersfield Californian Monday, Mar 26 2007 12:15 PM
Last Updated: Monday, Mar 26 2007 12:15 PM

Kern County foreclosures have more than tripled in the last year, according to numbers released Monday.

RealtyTrac, an online marketplace for foreclosure properties, reported 634 properties in Kern County entered some stage of foreclosure in February, up from 185 in February 2006.

Kern County had 406 foreclosure filings in January, RealtyTrac reported.
California had 16,273 foreclosure filings in February, up 79 percent from February 2006 and a 4 percent increase from January.

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