Tuesday, Aug 18, 2009
Oh dear it is all about to go pearshaped!!
Realtytrac: U.S. FORECLOSURE ACTIVITY INCREASES 7 PERCENT IN JULY
“July marks the third time in the last five months where we’ve seen a new record set for foreclosure activity,” noted James J. Saccacio, chief executive officer of RealtyTrac. “Despite continued efforts by the federal government and state governments to patch together a safety net for distressed homeowners, we’re seeing significant growth in both the initial notices of default and in the bank repossessions.”
Posted by mark @ 06:03 PM (253 views) Add Comment
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