Foreclosure Update

I know that I am probably the last one to write a post on this, but I have been trying (unsuccessfully) to reconcile some data in the RealtyTrac report. A few things from the month to month reports do not tie out with their quarterly figures. Anyway, the numbers are still grim: well over 300,000 new foreclosure notice in March. What I find astonishing is the rate of home foreclosures in certain states for the first quarter of this year.

- Florida 1 in every 73 homes received a notice

- California 1 in every 58

- Arizona 1 in every 54

- Nevada 1 IN EVERY 27