Foreclosures Are on The Rise
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Updated: 11:32 PM Jul 17, 2011
Foreclosures Are on The Rise
A survey taken by Realty Trac says, the number of foreclosure are back on the rise.
Posted: 9:41 PM Jul 17, 2011
Reporter: Letisha Bush
Email Address: letisha.bush@wctv.tv
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7-17-2011

A survey taken by Realty Trac says, the number of foreclosure filings rose in June for the first time in three months.

Foreclosures took a 4%increase since May. Economist say with unemployment at about 9% the increase may continue to rise.

Florida ranks number two in the nation for the highest number of foreclosures. Georgia the list ranking at number seven.


Latest Comments

Posted by: Sonny Location: Tallahassee on Jul 18, 2011 at 02:56 PM

How is this possible? Obama keeps saying the economy is improving and his "stimulus" plans have worked. The Chosen One has saved us, so this story can't be real.
Posted by: WALTERS on Jul 18, 2011 at 02:10 PM

OBAMA WILL FIX THIS, DONT WORRY YALL, HELL CREATE A PAY YOUR BILLS PROGRAM FOR ALL BROKE AND POOR FOLKS
Posted by: surprised Location: Tally on Jul 18, 2011 at 11:47 AM

The mortgage defaults came before Obama.Most of them a result of greedy investors and people wanting to upsize house (keep up with the Jones).the economy does have big impact today with paying any debts. But for most,the old saying "if it looks too good to be true...."
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