One thousand properties foreclosed in Kern County during August, county figures show, the most ever for records going back to 1995
Default notices also hit a new all-time high. Lenders recorded 1,326 last month, numbers from the Kern County Recorder’s office show, reversing slight declines in June and July.
Tony Ansolabehere, the county’s assistant assessor, estimates there are currently about 5,600 foreclosed properties still owned by lenders in the county. Most are homes, he said.
“There’s a lot of inventory out there that needs to be absorbed,” Ansolabehere said.
Details at the County website