PropertyShark has released its latest data on the foreclosure mania sweeping the nation. The February 2008 report shows 2,527 foreclosures for metro-LA (that includes Palmdale and Lancaster), down from the previous peak of 3,864 in January. That is still a 209.7% increase from a year ago, February. Via the report: "Los Angeles Trouble Spots: There has been no change among the top Los Angeles County zip codes over the past 6 months, with zip codes in Lancaster (93535) and Palmdale (93550 and 93551) again having the highest number of new foreclosures."
· February 2008 Foreclosure Report... [emediawire]
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