"Successful investing is going against the momentum and against the things that seem most logical in the present space."

Monday, July 30, 2007

U.S. Foreclosures Jump in H1

NEW YORK, July 30 (Reuters) - U.S. home foreclosure filings totaled 925,986 during the first six months of 2007, up 58 percent from the same period a year earlier, RealtyTrac said on Monday.

The first-half total was also up more than 30 percent from the previous six-month period, showing a foreclosure rate of one foreclosure filing for every 134 U.S. households, said RealtyTrac, an online marketplace for foreclosure properties.

No comments: