Business & Tech

Foreclosures Few and Far Between in North Hollywood

North Hollywood has surprisingly received a lot of good economic news as of late.

Last week, the community was reported to have experienced one of the largest job growth spikes, and now, it's also home to one of the lowest foreclosure rates, the San Fernando Business Journal reports.

In LA County, one in every 899 homes were foreclosed in September compared to the same month last year.

Compare that to Valley Village, where it was one in every 2,279 homes, while North Hollywood's ratio was one in every 1,783, according to the Journal.

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