Stockton Foreclosure Rate Highest In Country - Yahoo! News
Fred Pilot sent this. It figures that foreclosure ground zero is in California, but I wouldn't have picked Stockton as the epicenter.
A new report says Stockton's foreclosure rate is the worst in the country, and Sacramento is not far behind. Foreclosures have skyrocketed in California, Ohio, and the Northeast. Nationwide, there are about 600,000 properties in foreclosure. By the end of the year, 1 million properties are expected to be in foreclosure.Stockton isn't alone with this dubious distinction. Sacramento is No. 5 nationwide, fresno checks in at No. 14. Oakland is No. 19 and San Francisco came in at No. 78.