July 14, 2024

Home foreclosures have continued to dramatically increase in 2010.

According to a new report from RealtyTrac, foreclosure filings climbed in 75% of the nation’s metro areas during the first half of 2010.  At a time when the Obama administration believes that we are “turning the corner”, things just seem to get even worse.

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2 thoughts on “U.S. Foreclosures Up 75%

  1. Your headline is awfully misleading and flat out incorrect. It implies that foreclosures have increased by 75% across the board. We all know that is not true. Foreclosures filings may have increased in 75% of the nations metro areas but that does not mean that foreclosure filings have increased by 75%. I would attempt to be much more clear in the communications your are publishing. As a real estate professional it your duty to present truthful and empirical facts not partisan rhetoric.

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    Reply: Reuters headline for this news story: Foreclosures up in 75 percent of top U.S. metro areas My headline: U.S. Foreclosures Up 75%
    I see no problem with my headline. Plus, I say in the body that it is data from the nation’s metro areas.
    I appreciate your comment and hope you will continue to view my blog.

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