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Tag Archive | "May 2009 foreclosure"

RealtyTrac reports 6% decrease in foreclosures for May

Thursday, June 11, 2009

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Today, RealtyTrac released their May 2009 foreclosure data, reporting 321,480 homes are facing foreclosure - default notices, scheduled auctions and bank repossessions. Although foreclosure filings have decreased 6 percent from the previous month, it is still up 18 percent from May 2008. This is the third consecutive month where the number of foreclosures have exceeded 300,000. [...]

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