More homeowners struggling to be current on their monthly mortgage payments

Foreclosure Statistics: California was third in the nation in most first-quarter foreclosures with 29,537 properties entering some stage of foreclosure in the first quarter of 2006 (per Realty Trac 2006 U. S. Foreclosure Market Report). The good news is only one in every 414 households was below the national average.

California:
January, 2006 homes that went in the foreclosure process: 9354
February, 2006 homes that went in the foreclosure process: 9110
March, 2006 homes that went in the foreclosure process: 11, 073
Quarter One 2006 (Total): 29,537
1 in every414 Households were in some stage of the foreclosure process
% change from the 4th quarter of 2005: 60%
% change from the 1st quarter of 2005: 86%

Lorraine