Wednesday, August 09, 2006

Record.net - "Foreclosures jump 90% in S.J." (8-3-06)

"Second-quarter foreclosure activity in San Joaquin County took a year-to-year jump because the slower housing market made it tougher for homeowners in financial trouble to pay off their mortgages via home sales."

"In a report released Wednesday, La Jolla-based DataQuick Information Systems said that in San Joaquin County, the number of foreclosure notices was up almost 90 percent from a year ago, rising from 318 in the second quarter of 2005 to 604 in this year's last quarter."

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