Foreclosures Spike by 121% from Previous Year, Says Report from RealtyTrac

U.S. home foreclosures soared by 121% in second- quarter year-over-year results, according to a report issued by RealtyTrac. There were 739,714 foreclosure filings in the second quarter of 2008, a 14% quarterly increase. According to RealtyTrac, 48 of 50 states and 95 of 100 of the largest metropolitan areas experienced year-over-year increases ...