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  • Foreclosures spiked in August

    09/13/2006 7:31:40 AM PDT · by Hydroshock · 117 replies · 1,582+ views
    CNN.COM ^ | 9-13-06 | Les Christie
    NEW YORK (CNNMoney.com) -- The number of homes entering into some stage of foreclosure is surging, according to a survey released Wednesday. In August, 115,292 properties entered into foreclosure, according to RealtyTrac, an online marketplace for foreclosure sales. That was 24 percent above the level in July and 53 percent higher than a year earlier. Where foreclosures are jumping Year over year gain in homes in foreclosure. Click for more stats on each state. Nevada: Up 255% California: Up 160% Florida: Up 62% It was the second highest monthly foreclosure total of the year; in February, 117,151 properties entered foreclosure....