Foreclosure filings — which include default notices, scheduled auctions, and bank repossessions — soared 9 percent in May from the previous month, RealtyTrac reports. The pick-up in foreclosures for the month marked the first monthly increase since January and had some in the housing industry saying that the “foreclosure wave,” as predicted, has finally made landfall.
http://realtormag.realtor.org/daily-news/2012/06/14/signs-pending-foreclosure-wave-emerge?om_rid=AADAnm&om_mid=_BP2hGKB8jhUhtW&om_ntype=RMODaily
Shan Saigal
Broker-Referral Realty Silicon Valley
Direct: 408-505-9302 /Dre#00768704
Broker-Referral Realty Silicon Valley
Direct: 408-505-9302 /Dre#00768704
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