United States Forclosure Filings

June 16, 2009 Hans Anderson Various Posts, 1

In May 2009 the foreclosure filings, scheduled auctions, default notices and bank repossessions affected 321,480 U.S. properties during the month of May. This is a decrease of 6 percent from the previous month, but an increase of nearly 18 percent from May 2008. It has been reported that one in every 398 U.S. housing units received a foreclosure filing in May.

This doesn’t sound like a real estate recovery to me.

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Hans Anderson

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auctions, bank repossessions, default, foreclosure, may, notices, statistics

Foreclosure Insiders Club 77 Percent of Total U.S. foreclosure Activity Comes From Ten States