A record 2.8 million households were threatened with foreclosure last year, and that number is expected to rise this year as more unemployed and cash-strapped homeowners fall behind on their mortgages.
The number of households that received a foreclosure-related notice rose 21 percent from 2008, RealtyTrac reported today.
The increase in King County was even more dramatic with the number of filings up nearly 60 percent. In Washington state, filings were up 35 percent. Read Complete Story Here
Leave a Reply
You must be logged in to post a comment.