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Politics : Welcome to Slider's Dugout
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From: Jamey12/12/2006 8:49:32 PM
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FORECLOSURES SURPASS 1 MILLION MARK IN OCTOBER
RealtyTrac Staff
Foreclosure Filings Increase 3 Percent From September, 42 Percent From October 2005

IRVINE, Calif. – Nov. 17, 2006 – RealtyTrac® (http://www.realtytrac.com/), the leading online marketplace for foreclosure properties, today released its October 2006 U.S. Foreclosure Market Report, which shows that 115,568 properties nationwide entered some stage of foreclosure during the month, an increase of 3 percent from the previous month and an increase of 42 percent from October 2005. The report also shows a national foreclosure rate of one new foreclosure filing for every 1,001 U.S. households, the second highest monthly foreclosure rate reported so far this year.

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