County treasurer sees five-fold increase in foreclosures in ’09

RBC I At the current rate, Rio Blanco County could end up with at least four or five times as many foreclosures as last year.
“At this pace, I’m thinking maybe 50 or 60,” said county treasurer Karen Arnold, whose office handles foreclosures. “But I honestly don’t know.”
So far this year, there are 28 foreclosures in the county, with another one on the way, Arnold reported last week during her quarterly (April-June) update to…