Nation’s Foreclosure Plague Widens
August 14, CNNMoney – (National)

Foreclosures rose in July as banks took back 77,295 homes - up 8 percent in a month and 183 percent in a year, a report issued Thursday shows. Total foreclosure filings - delinquency notices, auction sale notices and bank repossessions - were up 8 percent from June and 55 percent year-over-year, according to RealtyTrac, an online marketer of foreclosed homes. Foreclosure activity in Nevada, surpassing all other states, touched one in every 106 households in July. Foreclosures in the state were up 15 percent for the month and were almost double the rate of last July. Other hard-hit states included California, Florida and Arizona. California led the other states with a total of 72,285 filings.

Source: http://money.cnn.com/2008/08/14/real...july/index.htm