Friday, Nov 30, 2007

US Foreclosure Filings Up 94 Pct in Oct.

Yahoo! Finance: US Foreclosure Filings Nearly Double

With thanks to PrudentBear.com for spotting this. Coming here soon:

A total of 224,451 foreclosure filings were reported in October, up 94 percent from 115,568 in the same month a year ago, according to Irvine-based RealtyTrac Inc.

The number of filings in October rose 2 percent from September's 219,850.

The U.S. had one foreclosure filing for every 555 households in October, RealtyTrac said.

The filings include default notices, auction sale notices and bank repossessions. Some properties might have received more than one notice if the owners have multiple mortgages.

Posted by dohousescrashinthewoods @ 11:04 AM (290 views) Add Comment

1 Comment

1. planning4acrash said...

wow, wow, wow, flippin eck!!!!

Considering that we are more in debt and less wealthy than the yanks? Its a little taster of what'll be coming to our shores.

Friday, November 30, 2007 03:20PM Report Comment
 

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