A recent article on MSN Money describes the surge last month in foreclosure activity around the country.  March 2009 saw a 46% increase over March 2008. 

Much of the increase is attributed to lenders lifting temporary moratoriums and resuming legal actions against delinquent mortgage holders.

To read the full article click here

Locally, the total number of properties in some stage of foreclosure has been steadily increasing the past several months.  Currently in King, Snohomish & Pierce county there are a total of 7,877 homes in foreclosure.

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