San Luis Obispo County foreclosures on the rise
April 29, 2011
While the country continues to see improving foreclosure rates, the number of home foreclosures is still climbing in San Luis Obispo County, according to a report from Realty-Trac. [KCOY]
In San Luis Obispo County almost 1,300 homes are in foreclosure or approximately one in every 93 residential units. The rates are up 7.6 percent from the first quarter of 2010.
Better news in Santa Barbara County where foreclosure rates dropped seven percent over the past year.