Foreclosures Continue to Increase
(August 14th, 2008 under Economic News )This is not exactly “new news” but the housing market continues to crater. “Banks repossessed almost three times as many U.S. homes in July as a year earlier and the number of properties at risk of foreclosure jumped 55 percent as falling prices made it harder to sell or refinance.
Bank seizures rose 184 percent [...]
