Omega-News

April 29, 2008

Foreclosures Still Rising

Filed under: USA — omeganews @ 4:33 pm
Foreclosures Still Rising
money.cnn.com — Foreclosure filings in the first three months of 2008 rose more than 112% over last year, according to a recently released study. More than 155,000 families have lost their homes to foreclosure this year; one out of every 194 U.S. households received a foreclosure filing.
More Homes Than Ever Vacant
baltimoresun.com — The percentage of vacant homes for sale nationwide reached a record high in the first quarter, according to a government report. The Census Bureau reported that 2.9 percent of U.S. homes — excluding rental properties — were vacant and for sale, compared with 2.8 percent in the fourth quarter of last year. It was the highest quarterly percentage in records going back to 1956.
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