Foreclosure Continue to Rise
April 21, 2008
Author: System Automation
Real estate data firm RealtyTrac said on Tuesday, April 15, 2008 that home foreclosure filings rose 57 percent in the 12 month-period ending in March, 2008 and that bank repossessions rose to 129 percent from a year ago, as homeowners struggle to make mortgage payments.
For the month of March, foreclosure filings, default notices, auction sale notices and bank repossessions rose 5 percent, led by Nevada, California and Florida, RealtyTrac said.
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