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U.S. home foreclosure activity upticks 9pct in May over last month

Posted on 15 June 2012

Based on RealtyTrac’s U.S. Foreclosure Market Report for May 2012, foreclosure filings - default notices, scheduled auctions and bank repossessions - were reported on 205,990 U.S. properties in May, an increase of 9 percent from April but still down 4 percent from May 2011.
The report also shows one in every 639 U.S. housing units with a foreclosure filing during the month………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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