DC Metro Area Has Nation's 23rd Highest Rate of Foreclosure

Foreclosure website RealtyTrac has published its 2008 report of foreclosure activity around the US, including a ranking of the country's top 100 metropolitan areas by rate of foreclosure. The metropolitan area of Washington/Arlington/Alexandria ranked 23rd on the list, with a foreclosure rate of 2.97%, meaning that about 1 in every 34 housing units received a foreclosure filing last year.

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