County foreclosure rate down 91

first_imgIn April2010 — 4422009 — 4862008 — 3042007 — 902006 — 150SOURCE: RealtyTrac. Irvine, Calif.Clark County foreclosure filings retreated a bit in April, but still represented the highest rate of foreclosure out of Washington’s 39 counties, California database company RealtyTrac reported on Wednesday. Some credit the Obama administration’s beefed-up foreclosure prevention plan for pushing rates down across the nation, including Clark County, which reported filings on 442 properties in April. That was down 9.1 percent from 486 foreclosures filed in April 2009, a sign that mortgage lenders are more willing to negotiate with underwater homeowners.Nevertheless, the county’s overall foreclosure rate remained the state’s highest for the second month in a row, with one out of every 368 households in some stage of foreclosure. And when compared month to month, Clark County’s total foreclosure filings — which includes default notices, auction sale notices and bank repossessions — increased by 32.3 percent compared with the 334 foreclosures filed in March, “For us, it has not slowed down a bit,” said Teri Duffy, executive director of the Community Housing Resource Center in Vancouver, which provides free mortgage default counseling and helps struggling homeowners with loan modification.last_img read more

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