Monday, July 30, 2007

Foreclosures continue to rise

U.S. home foreclosure filings totaled 925,986 during the first six months of 2007, up 58 pct from the same period a year earlier, RealtyTrac says. The first-half total was also up more than 30 pct from the previous 6-month period, showing a foreclosure rate of one foreclosure filing for every 134 U.S. households, it says. RealtyTrac says. The first-half total was also up more than 30 pct from the previous 6-month period, showing a foreclosure rate of one foreclosure filing for every 134 U.S. households, it says.

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