RealtyTrac is a California firm that tracks monthly foreclosure filings. Filings popped up to 215,749 in December from 201,950 in November.
On a year-over-year basis, foreclosure filings were up 96.8%. The peak (to date) for filings came in August at 239,851, says RealtyTrac.
For all of 2007, filings were up 75%. According to RealtyTrack Nevada had the highest rate of foreclosures of all states, with 3.4% of its households falling into foreclosure. Florida foreclosures were #2 with just over 2%, followed by Michigan, California, and Colorado. - Source: Interest Rate Roundup Blog
Last month's activity represented a 55 percent increase over the 4399 foreclosure filings reported in Riverside County during November, RealtyTrac data shows.
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