JLB
February 26th, 2008, 11:11:22 AM
http://money.cnn.com/2008/02/26/real_estate/foreclosures_rise_again/index.htm?cnn=yes
Filings saw yet another big jump last month, compared to levels a year ago; 45,327 homes were lost to bank repossessions.
NEW YORK (CNNMoney.com) -- Foreclosure filings nationwide soared 57% in January over the same month last year - another indication that the nation's housing woes are deepening.
A study released Tuesday by RealtyTrac, an online marketer of foreclosure properties, showed that 233,001 homes were affected, 8% more than in December. Of that total, 45,327 homes were lost to bank repossessions.
The only good news was the comparatively modest month-to-month increase in total filings.
Filings saw yet another big jump last month, compared to levels a year ago; 45,327 homes were lost to bank repossessions.
NEW YORK (CNNMoney.com) -- Foreclosure filings nationwide soared 57% in January over the same month last year - another indication that the nation's housing woes are deepening.
A study released Tuesday by RealtyTrac, an online marketer of foreclosure properties, showed that 233,001 homes were affected, 8% more than in December. Of that total, 45,327 homes were lost to bank repossessions.
The only good news was the comparatively modest month-to-month increase in total filings.