RealtyTrac Report Confirms Foreclosures Skyrocketing

January 29, 2008 – 11:06 am

RealtyTrac® an Irvine, California based firm that bills itself as the "leading online marketplace" released its 2007 U.S. Foreclosure Market Report on Tuesday which revealed that, during 2007, more than 2.2 million foreclosure filings were logged against 1.3 million properties nationwide.

While the whole year was bad, the month of December was even worse...

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