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San Diego County Foreclosures up 125% from 2007

According to a report today from RealtyTrac, an Irvine, Calif., company that tracks foreclosures, apprx. 2,200 homes in San Diego county were seized by banks, while an additional 3,000 homes received notices of default, the first step in the foreclosure process. The number of foreclosures are 2 percent lower than June's foreclosures, but, 125 percent above levels a year ago

Posted Wednesday Sep 03

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