Friday, January 15, 2010

US Foreclosures Up 21% in 2009

The number of U.S. residential properties receiving at least one foreclosure filing jumped 21% in 2009 to a record 2.82 million, rrports RealtyTrac.

The report also showed that 2.21% of all U.S. housing units (1 in 45) received at least one foreclosure filing during the year, up from 1.84% in 2008, 1.03% in 2007 and 0.58% in 2006.

In December, foreclosures jumped 14 percent from the previous month. (more)

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