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April 18, 2008

Foreclosures Up 57-Percent from March 2007


Foreclosure filings in the United States rose 5-percent between the months of February and March of this year and were up 57-percent when compared to March of last year, according to RealtyTrac's latest March 2008 U.S. Foreclosure Market Report.

In the latest report, RealtyTrac says foreclosure filings were issued on 234,685 properties in March — a statistic that includes filings on all default notices, auction sale filings and bank repossessions.

Posted by S. Germain at April 18, 2008 08:16 AM

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