Real Estate Data Shows Foreclosures Doubling In Q2 From Last Year

A foreclosed home is up for sale again, like thousands of others across throughout the sate, on July 25, 2008 in Altadena, California. Foreclosure filings skyrocketed 121 percent from last year and the number of homeowners faced with foreclosure more than doubled in the second quarter compared to a year ago, according to the latest reports from RealtyTrac. Hardest hit are cities in California, Arizona, Nevada, and Florida. In Stockton, California, one in every 25 homes were foreclosed upon, nearly seven times the national average. In the second quarter, US banks took back 222,000 properties. This the eighth consecutive quarterly climb.
A foreclosed home is up for sale again, like thousands of others across throughout the sate, on July 25, 2008 in Altadena, California. Foreclosure filings skyrocketed 121 percent from last year and the number of homeowners faced with foreclosure more than doubled in the second quarter compared to a year ago, according to the latest reports from RealtyTrac. Hardest hit are cities in California, Arizona, Nevada, and Florida. In Stockton, California, one in every 25 homes were foreclosed upon, nearly seven times the national average. In the second quarter, US banks took back 222,000 properties. This the eighth consecutive quarterly climb.
(Photo by David McNew/Getty Images North America)
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A foreclosed home is up for sale again, like thousands of others across the state, on July 25, 2008 in Altadena, California. Foreclosure filings skyrocketed 121 percent from last year and the number of homeowners faced with foreclosure more than doubled in the second quarter compared to a year ago, according to the latest reports from RealtyTrac. Hardest hit are cities in California, Arizona, Nevada, and Florida. In Stockton, California, one in every 25 homes were foreclosed upon, nearly seven times the national average. In the second quarter, US banks took back 222,000 properties. This the eighth consecutive quarterly climb. A foreclosed home is up for sale again, like thousands of others throughout the sate, on July 25, 2008 in Altadena, California. Foreclosure filings skyrocketed 121 percent from last year and the number of homeowners faced with foreclosure more than doubled in the second quarter compared to a year ago, according to the latest reports from RealtyTrac. Hardest hit are cities in California, Arizona, Nevada, and Florida. In Stockton, California, one in every 25 homes were foreclosed upon, nearly seven times the national average. In the second quarter, US banks took back 222,000 properties. This the eighth consecutive quarterly climb. A foreclosed home is up for sale again, like thousands of others across throughout the sate, on July 25, 2008 in Altadena, California. Foreclosure filings skyrocketed 121 percent from last year and the number of homeowners faced with foreclosure more than doubled in the second quarter compared to a year ago, according to the latest reports from RealtyTrac. Hardest hit are cities in California, Arizona, Nevada, and Florida. In Stockton, California, one in every 25 homes were foreclosed upon, nearly seven times the national average. In the second quarter, US banks took back 222,000 properties. This the eighth consecutive quarterly climb. A foreclosed home is up for sale again, like thousands of others throughout the sate, on July 25, 2008 in Altadena, California. Foreclosure filings skyrocketed 121 percent from last year and the number of homeowners faced with foreclosure more than doubled in the second quarter compared to a year ago, according to the latest reports from RealtyTrac. Hardest hit are cities in California, Arizona, Nevada, and Florida. In Stockton, California, one in every 25 homes were foreclosed upon, nearly seven times the national average. In the second quarter, US banks took back 222,000 properties. This the eighth consecutive quarterly climb.
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