February foreclosures up 60% YOY

RealtyTrac released its latest report on nationwide foreclosure activity today. According to the firm, total filings came in at 223,651 last month. That was down 4% from January, but up 59.8% from February 2007. The record to date was 239,851 in August 2007. The chart above shows the progression of foreclosures since RealtyTrac began releasing its figures at the beginning of 2005.