Foreclosures jump in August

9/10/09 6:09am by 0

Even with the recent good (or at least stable) news about real estate, the increasing foreclosure rates are problematic. Unemployment will continue to increase and stay high into 2010 and that is sure to bring another round of difficulties for this sector.

Home foreclosures in August jumped 18 percent from a year ago, but decreased 0.47 from the previous month, according to a new report by RealtyTrac, an online marketplace for foreclosure properties.

In all, 358,471 properties in the United States received foreclosure fillings in August, just slightly below July’s record level of 360,149 properties.


An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

Share This Post
© 2016 AMERICAblog News. All rights reserved. · Entries RSS
CLOSE

We are in the battle of our lives

 

Donald Trump poses a unique threat to everything we hold dear -- from LGBT rights, to civil rights overall, climate change, Wall Street reform, and national defense.


We must fight back, and we CAN win this. But it will take hard work and time. I am already making preparations for a wide-ranging campaign to fight Trump's Cabinet appointees and supreme court nominations. As part of that effort, when my lease is up in NYC, I will be moving back to Washington, DC, to take the fight directly to Donald Trump.


Won't you please support my work with a generous donation? And then, follow me on Twitter and Facebook, where I do a lot of micro-blogging in addition to here on AMERICAblog.


Thanks so much for your ongoing support. Together we CAN win.

 

1. If you don't like PayPal, you can contribute here.

 

2. One-time contribution (PayPal):

$

3. Recurring monthly contribution:

$

4. Donate by check to "John Aravosis," mailed to: John Aravosis PO Box 1532 Long Island City, NY 11101-9998

Donations are NOT tax deductible.

 

Thank you so much for your support, JOHN

 

CLOSE