Foreclosures Jumped Over 50 Percent in Last Year
Over the last 12 months home foreclosure filings surged 57 percent, says real estate data firm RealtyTrac.
Last month the states of Nevada, California and Florida led the way in foreclosure filings, default notices, auction sale notices and bank repossessions. And according to RealtyTrac, the peak has yet to be reached.
One in every 538 U.S. households living in single-family dwellings received a foreclosure filing in March. The single-family dwellings can include condominiums.
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