Foreclosures in 2011 to break last year’s record: RealtyTrac

NEW YORK ( — U.S. foreclosure filings reached a record high in April, rising almost 65% over the previous year and putting municipalities at risk by cutting into the value of taxed.

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Across the United States, there were 2.87 million foreclosure filings last year, affecting one in every 45 housing units. That was up 1.67 percent from 2009 and 23 percent from 2008.

RealtyTrac is predicting 1.2 million homes will be repossessed this year, surpassing last year’s record. Read The Associated Press report RealtyTrac: 2011 to top 2010 record of 1 million foreclosures.

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Year-end: A total of 1,836,634 properties received foreclosure notices during the year, down 3 percent from last year. 1.39 percent of all households were in some stage of foreclosure during 2012, compared to 1.45 percent in 2011.

US Foreclosures Break Monthly Record | Democracy Now! – US Foreclosures break monthly record. headline apr 15, 2010. New figures show US foreclosures are at a record high. According to RealtyTrac, foreclosure filings topped 367,000 last month, the.

U.S. mortgage foreclosure filings in August hovered near July’s record high. dipped 1 percent last month from July’s all-time high and were up 18 percent in August from the same month a year.

The number of foreclosures. this last couple of months, but definitely in July, that some of the logjam is starting to break up in South Florida,” said Daren Blomquist, a spokesperson for.

According to RealtyTrac’s 2010 report, a total of 3,825,637 foreclosure filings – including default notices, scheduled auctions and bank repossessions – were reported on a record 2,871,891 U.S.

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“The number of U.S. homes receiving a foreclosure filing will climb about 20% in 2011, reaching a peak for the housing crisis, as unemployment remains high and banks resume seizures after a slowdown, RealtyTrac Inc. said.

 · 2010 foreclosures still on record-breaking track. but won’t be enough to prevent 2010 foreclosure filings from topping last year’s peak. "We will break records this year," says Rick Sharga of.

RealtyTrac predicts that there will be a record number of foreclosures in 2011, after reaching a high last year, reports CNBC. RealtyTrac predicts that there will be a record number of.

But in a break from. result in more foreclosure pain in the short term as some of the foreclosures that should have happened last year instead happen this year," Daren Blomquist, vice president of.