17.07.2009 - U.S. housing market foreclosures hit record 1.5 mln
From Marketoracle.co.uk: U.S. foreclosure filings hit a record in the first half, a sign that job losses and falling property prices deepened the housing recession, according to RealtyTrac Inc. More than 1.5 million properties received a default or auction notice or were seized by banks in the six months through June, the Irvine, California-based seller of default data said today in a statement. Thatís a 15 percent increase from the year earlier. One in 84 U.S. households received a filing..........Full Article: Source
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