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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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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.

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Alison Boggs (@alisonboggs) Online Producer Alison Boggs posts and manages content on spokesman.com and its social networking accounts.

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Scott Maben Scott Maben is a Deputy City Editor who covers North Idaho news and higher education.

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