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US foreclosures up 55% US foreclosures up 55%

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Old 08-14-2008, 12:34 PM
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Join Date: Sep 2007
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Post US foreclosures up 55%
According to analysts, Realtytrac, over 272,000 people in the US were issued with a foreclosure notice last month - this represents an increase of 55% compared with last year. Approximately 77,000 properties were repossessed by banks, according to the figures, while an astounding 17% of the homes up for sale are foreclosure properties. Florida and California [...]

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