Foreclosure activity up in 5 La. metros
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Associated Press - July 29, 2010 5:54 AM ET
NEW ORLEANS (AP) - Five Louisiana metropolitan areas posted year-to-year increases in foreclosure activity during the first half of 2010.
Irvine, Calif.-based RealtyTrac, which tracks foreclosures nationwide, said more homeowners underwent some step of foreclosure in the New Orleans and Baton Rouge regions, as well as in Houma-Thibodaux, Shreveport-Bossier City and Lafayette. Those steps ranged from an initial notice of default to outright repossession and sale.
Those areas were among 154 of 206 metropolitan areas that RealtyTrac identified as having year-to-year increases in foreclosure activity. RealtyTrac surveyed areas with populations of at least 200,000.
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