Power Breakfast: Foreclosures rising, Delta, going green

The number of home foreclosures is still rising, despite other signs the economy is starting to improve.

Foreclosure filings were up 7 percent from June to July and 32 percent from the same month last year, RealtyTrac Inc. said today, according to the Associated Press.

Georgia was No. 7 in foreclosure notices, RealtyTrac said.

Nevada had the nation’s highest foreclosure rate for the 31st-straight month. It was followed by California, Arizona, Florida, Utah, Idaho and Georgia.

Nationally, more than 360,000 households, or one in every 355 homes, received a foreclosure-related notice, AP said. That’s the highest monthly level since the foreclosure-listing firm began publishing the data more than four years ago.

In the AJC:

In other media:

One comment Add your comment

msimon

August 23rd, 2009
7:24 pm

I hate hearing about the number of home foreclosures. So many of us are just lucky to have a job and keep this roof over our head. Here’s a graphic that says it all…

http://www.typobounty.com/Funny/Foreclosure.htm