Industry News

Real estate foreclosure rate soars in first quarter

Activity highest in Georgia, Colorado, Indiana
Published on Apr 24, 2006

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by CareyBot

Foreclosures jumped 72 percent in first-quarter 2006 compared to first-quarter 2005, according to RealtyTrac, a company that tracks U.S. properties that have entered the foreclosure process. The first-quarter 2006 foreclosure report revealed that 323,102 properties nationwide entered some stage of ...