Friday, September 12, 2008

Foreclosures at Highest Rate Since January 2005, Says RealtyTrac

U.S. home foreclosures climbed 27% from the previous month's year-over-year results, according to RealtyTrac's August 2008 U.S. Foreclosure Market Report. There were 303,879 foreclosure filings in the month of August, a 12% increase from the prior month. According to RealtyTrac, one in every 416 U.S. households received a foreclosure filing. ...

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