Alabama property foreclosures up 68 percent
Published September 18th, 2007
RealtyTrac Inc. reported the number of properties in some form of foreclosure last month in the United States was the highest figure in a single month since the company began tracking them in early 2005.
The company said the country experienced a total of 243,947 properties in some form of foreclosure in August - a nearly 36 percent increase from the previous month and a more than 115 percent over August of last year. That’s one foreclosure for every 510 households.
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