New data suggest that foreclosures are rising in more expensive housing markets.

About 30% of foreclosures in June involved homes in the top third of local housing values, up from 16% when the foreclosure crisis began three years ago, according to new data from real-estate Web site Zillow.com.

Read the full article by Nick Timiraos “Foreclosures Grow in Housing market’s Top Tiers” in the Wall Street Journal (Oct 12, 2009).

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