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Friday, July 27, 2012

''Foreclosures surge in first half of 2012''

From CBS News

''Even with the U.S. housing market showing signs of stabilizing, foreclosures around the country are surging.

Foreclosure activity increased in the first six months of 2012 in 125 of the nation's 212 metropolitan areas with a population of 200,000 or more, according to the latest data from market researcher RealtyTrac. Despite the increases from the second half of 2011, 129 of the metro areas still posted year-over-year decreases in foreclosure activity.''

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