Thursday, April 27, 2006

Foreclosures Soar 63 Percent over Last Year

Foreclosures Soar 63 Percent over Last Year:

"RISMEDIA, April 19, 2006 : RealtyTrac(TM) (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its March 2006 U.S. Foreclosure Market Report, which shows 101,597 properties nationwide entered some stage of foreclosure in March, a 13 percent decrease from the previous month but a 63 percent increase from March 2005. The report shows a March national foreclosure rate of one new foreclosure for every 1,138 U.S. households. "

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