If this number does not curl your toes, nothing will. 1,000,000 foreclosures means 1,000,000 families fearing they will be moving out of their home. 1,000,000 families lives will be turned upside down. 1,000,000 buildings will have to be processed and sold. This is not pretty by any means.
Just sayin’.
RealtyTrac reported that the number of U.S. homes lost to foreclosure surged in July to 92,858 properties, up 9 percent from June. The pace of repossessions has been increasing and the nation is now on track to having more than 1 million homes lost to foreclosure by the end of the year. That would eclipse the more than 900,000 homes repossessed in 2009, the firm says. via Breitbart
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Should we all say this like Austin Powers? “One MILLION foreclosures….” Scary stat. Very scary.
It’s a economic catastrophe for U.S. and also for all the people how lose their homes.
I’m wondering when this will end. I can’t believe 2010 is on track to be worse than 2009.
It's unbelievable in such a developed country that 1 million foreclosures for the families by which they will loose their homes. I hope it will end very soon
It would be just like nightmare for whom have to loose their home. It's very woeful information.