Finance

Southwest Foreclosures Lead the Nation in 2006; Calif. Filings Up 94 Percent 

With one out of nearly every 2.2 foreclosures in the U.S. taking place in the Southwest, the region led the nation in foreclosure activity during 2006, according to a new report released today. California, Texas, and Colorado were among the region’s hardest hit states, according to numbers from ForeclosureS.com, a California based real estate investment advisory firm and publisher of foreclosure property information. The Southwest region includes Arizona, Arkansas, California, Colorado, Louisiana, Nevada, New Mexico, Texas, Oklahoma, Oregon, and Washington.