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Inland Empire Economy Improves.002
Inland Empire Economy Improves.002

Foreclosures drop dramatically

Foreclosures in Riverside County last month fell to levels not seen seen in more than eight years, according to a report in The Press-Enterprise.

At the same time, foreclosure filings were up in San Bernardino county, according to the report, which cited data from RealtyTrac, an Irvine-based real estate information service with extensive information on foreclosures.

Total foreclosure filings – default notices, auctions or bank repossessions – fell to 1,144 in Riverside County and increased to 1,246 in San Bernardino County. That’s a 12.4 percent decrease and a nearly 16 percent increase, respectively, compared with February 2014, the report stated.

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