RealtyTrac: Worst foreclosure activity ever
from MarketWatch Real Estate Round-up Hosted by MarketWatch.com
Ouch! "August spiked to the highest levels of foreclosure activity we've ever tracked since we began the survey back in January of 05," says RealtyTrac's Rick Sharga. He tells Steve Potisk there were almost 304,000 households that received a foreclosure notice last month. That's up 12% since the previous month and 27% higher since last year.
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This episode was published on September 12, 2008.
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