L.A. Foreclosures Lowest Among Large Metro Areas

Los Angeles Business Journal Online: "Foreclosures in Los Angeles surged 19 percent in August, with more than 1,200 properties entering foreclosure during the month, but L.A. still managed to boast the lowest foreclosure rate among the nation's five largest metropolitan areas for the fifth consecutive month, said Irvine-based property database company RealtyTrac.
Los Angeles reported 1,232 foreclosures in August, or one foreclosure for every 2,655 households. The city's foreclosure rate was nearly half the national average and a bit lower than the state average, said RealtyTrac"
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Raising Austin to new heights

Raising Austin to new heights - The Daily Texan - Top Stories: "Austin's landscape is changing: Condos and apartments are rising in West Campus, East Austin and downtown, and developers are dealing with issues such as student rent and the possibility of pushing out longtime residents.

'The more people you can bring in the better,' said Taylor Andrews, a developer constructing a 40-story residential condo in downtown Austin."
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Arizona posts one the nation's lowest foreclosure rates

Arizona posts one the nation's lowest foreclosure rates: "The Mortgage Bankers Association National Delinquency Survey included 1,006,354 mortgages, of which 3,522 were in foreclosure, or 0.35 percent.
The only states with lower foreclosure rates during the second quarter were Virginia, Hawaii and California."
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