Foreclosures Are on The Rise

By: Letisha Bush Email

Updated: Sun 11:32 PM, Jul 17, 2011

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.

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