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Foreclosure Percentages Up

So far this year (through Feb 19th), we’ve seen the foreclosure percentage of homes sold jump. Foreclosures for 1/1-2/19 was 49% of total homes sold in SLO County (in 2008, we averaged 30%). In Santa Maria, they jumped to 91% foreclosure homes (vs. 75% average in 2008).

Below are the Solds for REOs and Short Sales in each city.

Written by Keith Byrd - Go to Keith's Website/Profile