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Foreclosure Woes Almost Doubles Since Last Year

Daily Real Estate News  |  November 29, 2007Year-Over-Year Foreclosure Filings Double
U.S. foreclosure filings were up 94 percent in October compared with the same month the previous year, according to RealtyTrac, which tracks and sells foreclosures.

The U.S. had one foreclosure filing for every 555 households in October, RealtyTrac said.

Foreclosure filings were up in 45 states, year over year, but the filings have declined slightly since they hit a high in August.

The states with the highest foreclosure filing rates in the country last month were in order from the highest: Nevada, California, Florida, Ohio, Georgia, Michigan, Colorado, Arizona, Indiana and Illinois.

Source: The Associated Press, Alex Veiga (11/29/2007)

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This entry was posted on Thursday, November 29th, 2007 at 9:28 pm and is filed under Foreclosure. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Foreclosure Woes Almost Doubles Since Last Year”

  1. Mortgage Business » Foreclosure Woes Almost Doubles Since Last Year Says:
    November 29th, 2007 at 10:25 pm

    Michael Meservier wrote an interesting post today onHere’s a quick excerpt Daily Real Estate News | November 29, 2007Year-Over-Year Foreclosure Filings Double US foreclosure filings were up 94 percent in October compared with the same month the previous year, according to RealtyTrac, which tracks and sells … [...]

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