Thursday, April 15, 2010

Foreclosure Activity Increases 7 Percent in First Quarter 2010 According to RealtyTrac U.S. Foreclosure Market Report

RISMEDIA, April 15, 2010—RealtyTrac, a leading online marketplace for foreclosure properties released its U.S. Foreclosure Market Report for Q1 2010, which shows that foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 932,234 properties in the first quarter, a 7% increase from the previous quarter and a 16% increase from the first quarter of 2009. One in every 138 U.S. housing units received a foreclosure filing during the quarter.
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Source: rismedia.com

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