Home foreclosures were up 18% in August vs. August 2008 as reported by RealtyTrac of Irvine, California. One in every 357 U.S. households with loans got a foreclosure filing in August. RealtyTrac is revising up its estimate for filings this year and now expects a more prolonged foreclosure crisis. Some 3.4 million households will get a filing this year, up from the prior estimate of 3 million to 3.2 million, and sharply higher than 2.3 million filings last year. To read the full post, please visit: http://www.brokerforyou.com/brokerforyou
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