Foreclosure Filings Up 62%

It has been a while but then I have been incredibly busy with my day job but I have finally carved out time to get back to these entries... Today's story comes from the Courier Post Online
A brief term definition.

Foreclosure filings: In this case, it the umbrella term used to designate default notices, auction sale notices and bank repossessions.

Foreclosure filings increase 62% over last April 2006 to 147,708. The top ten states with high foreclosure rates are:

1. Nevada
2. Colorado
3. Connecticut
4. California
5. Ohio
6. Georgia
7. Florida
8. Arizona
9. Illinois
10. Michigan

Read the article here.

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Foreclosure Numbers Out

Okay people, we have heard the stories and the news hipe about their increasing number, well now here are the numbers for the first quarter of 2007 from realtytrac.com. The number of foreclosures for the country is up 35% over last year and is the highest it has ever been at 437,498 filings. The number is up from 345,554 in the fourth quarter of 2006 and up from
323,101 in the first quarter of 2006. Will make a graph to track this information with the next data release. Meantime here it is in a table:

Year	Q1	Q2	Q3	Q4
2006	323,101	272,109	318,355	345,54
2007	437,498

Read the article here.

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Technorati: NJ Real Estate News, Real Estate, NJ Real Estate Blogs, NJ Housing, New Jersey, Foreclosure

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For more information on Real Estate in New Jersey visit here.