Thursday, June 11, 2009

Home Foreclosures

RealtyTrac's number: 321,480 foreclosure filings in May.

The number dropped from the previous month's 342,038, but marked the 3rd straight month over 300,000 (and the 5th out of the last 10). Ten states accounted for 77% of the filings, no real surprise as California, Florida and Nevada still feel the weight of real estate speculation gone wrong.

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