Report: Inland Empire foreclosure activity set new record last year
This past year was record-setting when it came to foreclosures in the Inland Empire, according to a new report released today by RealtyTrac. The San Bernardino-Ontario-Riverside metropolitan area came in fourth in the nation among statistical areas with a population of 200,000 or more. The region logged 126,376 houses in some level of foreclosure during the year, equating to about one in every 11 houses receiving a notice of default in 2009. That compares with 112,284 notices in 2008, when the region ranked No. 6 in the nation. Nationwide, California accounted for nine of the top 20 metro foreclosure rates, followed by Florida with eight, Nevada with two and Arizona with one. Information: www.realtytrac.com
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