Sunday, August 16, 2009

Indiana's 8.4% spike in foreclosure filings worrisome

Indianapolis Star
Indiana's high jobless levels could be behind an unhealthy jump in mortgage foreclosures in the state last month.

Lenders carried out 5,186 foreclosure filings last month in Indiana, an 8.4 percent upswing from the same month last year, according to a report from RealtyTrac, a California seller of distressed properties.

Indiana's rate of foreclosure filings now ranks it 17th on RealtyTrac's national list. That's far better than Indiana's top 10 showings several years ago.

No comments:

Sale of 26 Marsh stores approved by bankruptcy court, remaining 18 stores to close

From Fox59 On Tuesday, FOX59 learned two companies won the bidding war: Topvalco and Generative Growth II. Topvalco is a Kroger subsidiary...