Foreclosure filings up 33% since June 2008

The Washington Post reported,”Foreclosure filings increased again in June as the weak labor market pushed more homeowners into delinquency and government efforts to prevent foreclosure efforts struggled to gain traction, according to data from RealtyTrac released today.The firm counted 336,173 filings nationally, which can range from default notices to bank repossessions. That is up 4.57 percent from the previous month and up 33 percent compared with the same period last year. For the second quarter, filings were up 20 percent from the comparable period last year. RealtyTrac, a private firm, says its data includes more than 90 percent of U.S. households. “

Disclaimer: Articles featured on Oregon Report are the creation, responsibility and opinion of the authoring individual or organization which is featured at the top of every article.