Richmond foreclosures in September up 25%

Posted by Shawn Maclauchlan

RICHMOND, VA (WWBT) - Foreclosures in the Richmond area continue to rise, compared to a year ago.

Online researching group, Realty-Trac reports Thursday that foreclosure filings in the Richmond area rose nearly 25 percent in September from a year ago.

That's about one in every 468 households in danger of losing their house last month.

But compared to foreclosure activity in Virginia, the state average rose only 3.4 percent in September - with only one in every 556 households in danger of foreclosure.

Copyright 2010 WWBT NBC12. All rights reserved.