U.S. real estate foreclosures soar 45% in January

About 103,540 properties nationwide entered some stage of foreclosure in January, a 27 percent increase from the previous month and a 45 percent increase from January 2005, according to RealtyTrac, an online marketplace for foreclosure properties.

RealtyTrac's Monthly U.S. Foreclosure Market Report shows a January national foreclosure rate of one new foreclosure for every 1,117 U.S.

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