RealtyTrac – Foreclosure Rates High for 2007

More Than 2.2 Million Foreclosure Filings on Nearly 1.3 Million Properties Reported In USA During 2007. RealtyTrac® (realtytrac.com), the leading online marketplace for foreclosure properties, today released year-end data from its 2007 U.S. Foreclosure Market Report, which shows a total of 2,203,295 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 1,285,873 properties nationwide during the year, up 75 percent from 2006. The report also shows that more than 1 percent of all U.S. … Continue reading →