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Jim Johnson
11-13-2006, 04:32 AM
This was on www.denverpost.com

Denver area No. 3 in foreclosure activity
Article Last Updated:11/12/2006 09:49:19 AM MST

Foreclosure activity is up in most U.S. cities, real-estate data firm RealtyTrac reported Friday.

The Irvine, Calif.-based firm said that 318,355 properties in the United States entered some stage of foreclosure in the third quarter, a 17 percent increase over the prior quarter.

The metro areas of Detroit; Fort Lauderdale, Fla.; and Denver-Aurora saw the highest foreclosure activity.

One in every 80 Detroit-area households had a property enter some stage of foreclosure, while in the Fort Lauderdale area it was one in every 88 households. The figure was one in every 90 homes in metro Denver.

Debbie
11-13-2006, 07:11 AM
Hmmm....according to few of our friends who are realtors informed us (two months ago) that Springfield alone has seen an increase of 72% foreclosures compared to last year.....I haven't seen proof yet.

Yikes! I feel bad for many homeowners, anywhere!