Thursday, August 13, 2009
U.S. Foreclosure Activity Increases 7 Percent in July:
RISMEDIA, August 13, 2009-RealtyTrac® (www.realtytrac.com), a leading online marketplace for foreclosure properties, has released its July 2009 U.S. Foreclosure Market ReportTM, which shows foreclosure filings - default notices, scheduled auctions and bank repossessions - were reported on 360,149 U.S. properties during the month, an increase of nearly 7 percent from the previous month and an increase of 32 percent from July 2008. The report also shows that one in every 355 U.S. housing units received a foreclosure filing in July.
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