Thursday, January 15, 2009

Final roundup on 2008 Foreclosure Data.

http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/01-14-2009/0004955074&EDATE=


its 2008 U.S. Foreclosure Market Report(TM), which shows a total of 3,157,806 foreclosure filings -- default notices, auction sale notices and bank repossessions -- were reported on 2,330,483 U.S. properties during the year, an 81 percent increase in total properties from 2007 and a 225 percent increase in total properties from 2006.

Stunning. 2.3 Million. No way 5 million is right. I bet we see 20 Million over the next two years.

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