Real Estate News Blog August Archive

U.S. foreclosures jump, trending higher-RealtyTrac

By Art C Ryter at 08/01/07 01:37

Foreclosures in the United States still trend upwards jumping 58% during the first half of 2007 and are projected to climb even further. If the current pace were to continue, foreclosure filings would surpass 2 million by the end of the year, which would represent a year-over-year increase of more than 65 percent. Who is going to be able to buy all the foreclosures?

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