Wednesday, April 26, 2006

Colorado Reaches Unwelcome No. 1 Ranking in Home Foreclosures

Columbian.com - Serving Clark County, Washington: "Colorado posted the highest home foreclosure ratio in the nation last month, a problem experts blamed on everything from the state's lackluster economy to a reliance on mortgages bearing high interest rates.
One out of every 339 homes in the state was in some stage of foreclosure in March, according to RealtyTrac, an online provider of foreclosure listings. The national rate was one out of every 1,138 households."
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