Another Spike in the Foreclosure Rate
April 22nd, 2009
RealtyTrac is reporting an increase in the foreclosure filings for March, 2009. A total of 341,180 foreclosures were filed nationwide. That was up 17% from February and 46% increase from March, 2008.
Many mortgage holders proceeded with filing the foreclosures due to a moratorium running out. The filings came, even as government programs and other efforts are still being explored to help keep people in their homes.
Nevada and Arizona led the nation again in foreclosure filings. Kentucky certainly has its share, with an increase in filings seen.
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