Tuesday, April 24, 2007

March Home Foreclosures Up 47 Percent Year-on-Year

U.S. home foreclosures rose 7 percent in March from February to 149,150, reflecting the struggle of subprime borrowers to keep their homes, real estate data firm RealtyTrac said Wednesday.

The figure, which comprises default notices, auction sale notices and bank repossessions, was 47 percent higher than a year ago, the Irvine, California-based company said.
All of it.