Interest Rate Roundup

Thursday, April 19, 2007

RealtyTrac: Foreclosures hit a new high

One other bit of news that broke yesterday when I was out: Foreclosures are ramping up again, per RealtyTrac.

Monthly foreclosure filings hit 149,150 in March, up 14% from February and up a hefty 46.8% from a year ago. That's a new high for the series, which dates back to January 2005. California, Florida, Texas, and Michigan topped the list of states with the most filings.


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