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State foreclosures rise in 2nd quarter
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SAN DIEGO (AP) — More Californians went into foreclosure in the second quarter of this year — a blip in an overall trend that has seen more people hanging onto troubled property as home prices soar.

Research firm DataQuick says Tuesday that lenders filed more than 25,700 notices of default from April to June. That was up 38.7 percent from the previous quarter.

However, the figure is down nearly 53 percent from the second quarter of last year and it's the second-lowest level in seven years.

DataQuick President John Walsh says rising homes prices mean fewer owners owe more than their homes are worth.

The median price of a home in the second quarter was $344,000 — up 14.7 percent from the first quarter.