Tag Archives: foreclosures

Foreclosures up 5% from season to season

Even though there are signs that the recession is ending (or even finished), the foreclosure rate is a constant reminder that we aren’t out of the woods. From the second quarter to the third, foreclosures increased 5%, with 938,000 properties sucked in. The previous quarter, 890,000 homes went into foreclosure. And, RealtyTrac forecasts 3.5 million foreclosures by the end of the year — up from around 2.3 million last year.

Continue reading