Foreclosures Up Last Month, Could Rise Even More

The number of foreclosures filed nationwide—including default notices, scheduled auctions and bank repossessions—increased 3 percent to a total of 210,941 properties in January, according to the latest data from the foreclosure monitoring firm RealtyTrac. That equates to one in every 624 housing units. However, that total is 19 percent below those observed in January 2011.


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