Posted on 09/10/2009 6:19:14 AM PDT by STONEWALLS
Home foreclosures in August jumped 18 percent from a year ago, but decreased 0.47 from the previous month, according to a new report by RealtyTrac, an online marketplace for foreclosure properties. Foreclosures remained near record levels in August.
In all, 358,471 properties in the United States received foreclosure fillings in August, just slightly below July's record level of 360,149 properties.
(Excerpt) Read more at cnbc.com ...
OUCH!!
And be assured, foreclosures will continue to rise.
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