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Inland Empire – – Ouch
“With one new foreclosure filing for every 250 households, Riverside/San Bernardino, Calif., documented the nation’s third highest MSA foreclosure rate in November. The two-county metro area reported 4,747 properties entering some stage of foreclosure during the month, an increase of more than 57 percent from the previous month and 3.8 times the national average.”
The Riverside/San Bernardino 2-county inventory is very high, about twice ours, considering the size of their population.