Foreclosure filings jump 17% in December

Some improvement seen in year's last quarter

Inman News

Foreclosure-related filings during the last three months of 2008 were down 4 percent from the previous quarter, despite a 17 percent month-over-month bump in filings during December, data aggregator RealtyTrac said today.

RealtyTrac's year-end Foreclosure Market Report showed an 81 percent increase in the number of properties subjected to foreclosure-related filings in all of 2008 from the year before, to 2.3 million.

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