Friday, June 5, 2009

One Million Foreclosures This Year Already

  • The Number of Foreclosures nationwide are astounding. What a mess.

    • As of this week, 1 million new foreclosures have been filed in 2009, according to estimates by the Center for Responsible Lending, a nonprofit research and policy organization dedicated to preserving home ownership.

      A new foreclosure starts every 13 seconds – nearly 6,500 a day.

1 comment:

kristelle del rosario said...

That's a very bad news! Foreclosures are increasing because of the recession/economy crisis that we are suffering today. Even celebrities, like Michael Jackson, Victoria Gotti and more had experienced foreclosure. We need to help one another for our economic recovery.