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November 30, 2007

RealtyTrac: Foreclosures Rose in October


More than 224,000 foreclosure filings were reported nationwide in October, up 2% from the level recorded in September and up 94% from that of a year earlier, according to RealtyTrac. The nation's foreclosure rate stood at one foreclosure filing for every 555 households, the company said in its October 2007 U.S. Foreclosure Market Report. (Foreclosure filings include default notices, auction sale notices, and bank repossessions.)

Posted by S. Germain at November 30, 2007 09:31 AM

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