Amador County – Amador County’s foreclosure tally rose to 29 foreclosures and 85 defaults since the start of 2007, according to data released by research company MDA DataQuick. This helped to bring the foreclosure total in the eight county Sacramento region to 41,903. In April, May and June, another 4,448 were repossessed and filing notices of default were issued against 10,682 more households late on their payments. In total, that’s 10.2 percent of California's 410,744 foreclosures in the same time period. DataQuick credited rising unemployment and a ragged economy as the key elements preventing homeowners from affording their mortgages. Still, Amador County is fairing much better than other counties in the region. Sacramento County had 3,019 foreclosures and 6,862 defaults, and El Dorado County had 202 foreclosures and 632 defaults. Story by Alex Lane This email address is being protected from spambots. You need JavaScript enabled to view it.
Thursday, 23 July 2009 00:22
Foreclosures
Amador County – Amador County’s foreclosure tally rose to 29 foreclosures and 85 defaults since the start of 2007, according to data released by research company MDA DataQuick. This helped to bring the foreclosure total in the eight county Sacramento region to 41,903. In April, May and June, another 4,448 were repossessed and filing notices of default were issued against 10,682 more households late on their payments. In total, that’s 10.2 percent of California's 410,744 foreclosures in the same time period. DataQuick credited rising unemployment and a ragged economy as the key elements preventing homeowners from affording their mortgages. Still, Amador County is fairing much better than other counties in the region. Sacramento County had 3,019 foreclosures and 6,862 defaults, and El Dorado County had 202 foreclosures and 632 defaults. Story by Alex Lane This email address is being protected from spambots. You need JavaScript enabled to view it.
