Wednesday, November 14, 2007

RealtyTrac reports Q3 foreclosures up nearly 34%

An estimated 446,726 properties were hit with foreclosure filings during the third quarter, a 33.9 percent increase from the previous quarter and more than double the number a year ago, according to data aggregator RealtyTrac. Nevada, California and Florida posted the highest rates of foreclosure in the nation, followed by Michigan, Ohio, Colorado, Arizona, Georgia, Indiana and Texas.  Arizona is ranked 7th with a 203.1% increase over a year ago.  To read the whole article go here.

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