Local Foreclosures Rise

Previous Entry | Next Entry
By
Muhammed El-Hasan
on February 5, 2009 1:51 PM | | Comments (0) |

The number of foreclosures in the Los Angeles-Long Beach-Glendale area for December was is 21,253, according to First American CoreLogic, which tracks this statistic.

The rate of foreclosures among outstanding mortgage loans was 1.8% for December, an increase of 0.6 percentage points compared to December of 2007.

That is higher than the national average in December, which was 1.7 percent.

Leave a comment


Type the characters you see in the picture above.

About this Entry

This page contains a single entry by Muhammed El-Hasan published on February 5, 2009 1:51 PM.

Locally-built Satellite Shipped Out was the previous entry in this blog.

Local Firm Cutting Jobs is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 4.25

Search

About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

Subscribe to RSS feed

Links

Advertisement