County's Foreclosure Rate Creeps Higher

RIVERSIDE - Riverside County's foreclosure rate edged up last month, mirroring a reversal of activity throughout the state, a real estate tracking firm reported today.

A total 1,698 mortgage default notices, auction sale notices and bank repossessions were recorded countywide in March, translating to 1 in 468 households in some stage of foreclosure, according to Irvine-based RealtyTrac.

Riverside County had the eighth highest foreclosure rate in the state last month, while neighboring San Bernardino County had the third-highest rate. The balance of the top ten was comprised of Northern Califor...