Sacramento foreclosure filings increase 20% – Sacramento Business Journal:
Sacramento’s foreclosure rate was 13th highest in the nation among the largest 200 U.S. metropolitan areas in the quarter ending Sept. 30, according to foreclosure tracker RealtyTrac, with 2.25 percent of all the households receiving a foreclosure filing, whether a notice of default, notice of a foreclosure sale or a bank repo.
That rate of 1 filing for every 44 houses is a 20 percent increase from the same quarter last year, the online real estate company reported.
Topping the list was Las Vegas, where notices were filed on more than 5 percent of households. Many California areas filled out the top 10, including Merced, Stockton, Modesto, Riverside-San Bernardino-Ontario, Bakersfield, and Vallejo-Fairfield.
The company noted that the Chico area experienced the highest jump in foreclosure filings from a year ago, with nearly double the rate of filing.