This is simply terrifying.
There were 179,599 foreclosure filings reported during July, up from 92,845 during the same period a year-ago, Irvine-based RealtyTrac Inc. said Tuesday.
The national foreclosure rate in July was one filing for every 693 households, the firm said.
1 in every 693 homes. The mind boggles.
You know, every year, I say I hate my apartment and want to buy a small place for myself. And every year I don't. I just keep on renting. I can't even begin to imagine how scary it must be for people in this situation.