Foreclosures Rise 28%
Thursday, December 11, 2008 | 11:38 AM
in Credit
RealtyTrac released its November foreclosure numbers, and they were not pretty.
• November Foreclosure activity decreased 7% from October (the lowest level since June)
• Foreclosures up 28% from year ago levels;
• Foreclosure activity slowed in November due in part to recently enacted laws that have extended the foreclosure process in some states;
• 259,085 properties got a default notice or were warned of a pending auction or were foreclosed on last month;
Thursday, December 11, 2008 | 11:38 AM | Permalink
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