Monday, August 18, 2008

Foreclosures

Pick up a news paper, turn on a TV, or listen to news on the radio and you'll be sure to hear about foreclosures. July's U.S. Foreclosure Market Report TM, which shows foreclosure filings - default notices, auction sale notices and bank repossessions reported an 8% increase from the previous month and a 55% increase from July 2007. The report also shows one in every 464 U.S. households received a foreclosure filing during the month. While South Carolina and the Aiken area aren't close to the top of the list in number of foreclosures, we most defiantly have seen a drastic increase which is keeping home prices low. If you're interested in receiving a free list of foreclosures, please contact KT.

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