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Posts tagged: Kootenai County foreclosures

County foreclosure rate eases in February

 
Foreclosure activity in Spokane County fell 20 percent in February compared with January, but the pace remained more than triple that of a year earlier..
Banks repossessed 73 homes in the county, and another 126 were subject to a notice of trustee sale, according to RealtyTrac, which monitors foreclosures nationally.
In January, 249 homes were repossessed or subject to a notice. Only 59 were involved in a foreclosure action in February 2010.
The rate in Kootenai County increased 54 percent compared with January, and 60 percent compared with February 2010. Banks repossessed 41 homes, 108 owners received a notice of default, and 135 a notice of trustee sale.
One in every 1,002 homes in Spokane County was subject to foreclosure, and one in 214 in Kootenai County.
The national rate was one in every 577 homes, RealtyTrac reported.
One in every 298 homes in Idaho was subject to foreclosure, fifth highest in the United States. The rate in Washington was one in every 642, 14th highest.
 

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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