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Frederick Foreclosures Continue Unabated – I

Monday, May 26th, 2008

The year 2006 witnessed about 455 foreclosures being filed in Frederick County Circuit Court. The number has however reached twice that of what it was in the current year. April has seen that the number has already reached 485 and financial experts predict a much higher rise in the months to come. At this rate, [...]

Foreclosure Filings Reach Unexpectedly High Levels In California

Wednesday, May 7th, 2008

California-based real estate tracker RealtyTrac reports that foreclosures have reached an unexpected 64,711 homes last month. Florida and Ohio has in fact got the dubious distinction of coming second and third in rank following suite to the Golden State.
Rick Sharga of RealtyTrac has said that the huge acceleration in the number of foreclosures have been [...]

Foreclosure Rates Set To Rise Further This Year

Friday, April 18th, 2008

In an unexpected development last Tuesday, property statistics company Realty Trac reported that foreclosure filings for the month of March 2008 have actually gone up by 57% compared to the same period last year.
Painting an exceedingly grim picture for the near future, this report showed that more and more people are not being able to [...]

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