Local housing market holding on
Posted: 06-17-2008 06:16 PM  [ Ignore ]
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The Skagit County housing market continues to avoid the widespread mortgage defaults plaguing other U.S. real estate markets, according to figures released last week by a national foreclosure data firm.

Home foreclosure filings fell 23 percent in May compared to one year ago, with 36 filings recorded, according to Irvine, Calif.-based Realty-Trac Inc.

Skagit County has the 13th highest foreclosure rate in the state, with one in every 1,316 homes in some state of foreclosure proceedings.

Statewide, one in every 1,081 homes was in foreclosure, which was 27th highest in the nation.
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Posted: 06-18-2008 03:54 AM  [ Ignore ]  [ # 1 ]
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This reporting is incorrect and this reporter and this news paper are misguiding the readers. It is false reporting full of lies and and the readers are getting fed up. Just look at the foreclosure notices posted on the county auditors board and on this paper, there are quite a bit some 15 or 20 properties a week being forclosed all over the county.

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