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Posted on 07.16.09 by Thomas L. Knapp
“U.S. foreclosure filings hit a record in the first half, a sign that job losses and falling property prices deepened the housing recession, according to RealtyTrac Inc. More than 1.5 million properties received a default or auction notice or were seized by banks in the six months through June, the Irvine, California-based seller of default data said today in a statement. That’s a 15 percent increase from the year earlier. One in 84 U.S. households received a filing.” (07/16/09) Link: http://www.bloomberg.com/apps/news?pid=20601087&sid=aHAbmgVoHjA4 Filed under: RRND News and Twitter-Worthy | Report Bad Link Bookmark this post in Furl or Del.icio.us | |
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