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Could Washington’s Rising Foreclosure Rate Send Prices Plummeting?

After months of decline, Washington state’s foreclosure rate is beginning to see an uptick in activity especially in the Seattle and Snohomish County areas. King County foreclosure filings in August increased by 32.2 percent from August while nationwide the rate rose only .8 percent. Statewide, the foreclosure rate was slightly worse with an increase of 38.1 percent.
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