Industry NewsMarkets & Economy

Growth in foreclosure filings cools

Four of 10 problem states improve
Published on Sep 12, 2008

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by CareyBot

Foreclosure-related filings rose 12 percent from July to August and were up 27 percent from a year ago, according to data aggregator RealtyTrac.

RealtyTrac counted 303,879 foreclosure-related filings during August, the highest since it began issuing reports in January 2005. But the 27 percent year-over-year increase in foreclosure filings was les than seen in recent months, when it has ranged between 50 to 65 percent.

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