Wednesday, May 14, 2008

Foreclosures continue to rise in April

The new numbers on new foreclosures are out and they are not good. Compared to last years numbers, foreclosures are up 65%. Nationwide over 240,000 households received at least one foreclosure filing. This is up from just over 147,000 as compared to last years numbers. This is according to Realty Trac. The hardest hit states for foreclosure are Nevada, Arizona, California and Florida.

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