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SMALL BUSINESS
Warren, Reading, Philly tops in Pa. foreclosures
AP
HARRISBURG, Pa. -Pennsylvania's highest foreclosure rate is in the statistical region that includes the northwest city of Warren.
A new report released Wednesday by foreclosure listing firm RealtyTrac Inc. shows the area that includes Warren has the 87th highest foreclosure rate in the nation.
It's a geographically wide region that also includes the Ohio cities of Youngstown and Boardman.
One in every 199 households is in foreclosure in that area.
Second-highest in Pennsylvania is Reading and third-highest in Pennsylvania is the Philadelphia-Camden-Wilmington area.
Pennsylvania's foreclosure rate is about one-third of the national rate, with one in nearly 390 homes receiving a foreclosure filing from July through September.
Nearly 4,000 homes were seized during that period.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-10-28 17:11:43
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