Morning Mortgage Meltdown: Foreclosures Up, Up, and Away!: Three months and 80,000 new California... - NBC Bay Area

Morning Mortgage Meltdown: Foreclosures Up, Up, and Away!: Three months and 80,000 new California...

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    Three months and 80,000 new California foreclosures. Still with us? Well then, let's look at some more incredibly depressing numbers. Statewide home repossessions have jumped more than 228% since last year. And as for the Bay Area, foreclosures are up 273%. Almost 200 of those homes earning the dread scarlet "F" can be found right here in our beautiful (and increasingly affordable?) city. Ouch. [SF Gate]

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