Saturday, June 14, 2008

RealtyTrac: California Foreclosures Up 81% in May 2008


Holy Crap!

According to RealtyTrac, approximately 72,000 Californians foreclosed on their home mortgages in May 2008, up 81% from May 2007. This constitutes an 11% increase in foreclosures between April and May 2008.

And this is just the beginning!



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