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Local News - Local News - July 31, 2009
Six-month foreclosure filings jump
Further rises said likely to push default level here near or over 2002 peak

By Mike McLean
Of the Journal of Business

The Spokane County Auditor recorded 378 foreclosure filings here in the first half of this year, up 49 percent from 254 filings in the year-earlier period.

If that rate were to continue, total foreclosures here for the year would reach 834, which would be the highest since 2003, when foreclosure filings in the county totaled 1,030. Foreclosures here peaked at 1,152 in 2002.

Some economic and real estate observers here expect Spokane County's foreclosure numbers to cli...


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