635,159

01 Nov 2007

November 1, 2007 (LPAC)--According to RealtyTrac, the total third quarter 2007 foreclosure filings numbers at 635,159, of which 446,725 where individual properties. James J. Saccacio, CEO of RealtyTrac points out: “Although not all areas are being hit as hard as others, the rise in foreclosures is quite widespread, with 45 out of 50 states documenting year-over-year increases in the third quarter. Given the number of loans due to reset through the middle of 2008, and the continuing weakness in home sales, we would expect foreclosure activity to remain high and even increase over the next year in many markets.”