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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 694.04+0.7%Jan 9 4:00 PM EST
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To: Johnny Canuck who wrote (44122)4/18/2007 12:28:51 PM
From: Johnny Canuck  Read Replies (1) of 69663
 
9:11AM Foreclosures up 47% year-on-year in March: RealtyTrac by Rex Nutting
WASHINGTON (MarketWatch) -- U.S. foreclosure filings increased 7% in March from February's levels and were up 47% from a year ago, according to RealtyTrac, an online real estate database. Nationally, there was one foreclosure filings for every 775 households. Five states -- California, Florida, Texas, Michigan and Ohio -- accounted for half the nation's total in March. In California, foreclosure filings increased 36% from February and were up 183% compared with a year ago. Nevada had the highest foreclosure rate at one in every 183 households, followed by Colorado. Six of the top 10 cities were in California, led by Stockton. The data include default notices, auction sale notices and bank repossessions.
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