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Foreclosures up in Spokane, down in Kootenai County

The rate of foreclosure in Spokane County increased almost 60 percent in January compared with the same month in 2010, RealtyTrac reported today.

Lenders reclaimed 116 homes, and the owners of another 133 received a notice of trustee sale. One home in every 801 was subject to some kind of foreclosure action.

The national rate was one home in every 497, down 17 percent from a year ago.

The rate for Washington climbed 43 percent to one home in 565, 12th highest among the states. 

The rate fell in Kootenai County, to one home in 331. Lenders took back 57 homes, the owners of 127 others received notices of default or trustee sale.

The rate for Idaho was one home in 241, 4th highest in the country.  




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Bert Caldwell
Bert Caldwell oversees production of the opinion pages, including writing editorials, and editing and selecting letters, columns and cartoons.






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