2007 Foreclosure Report

Foreclosures across the country soared an incredible 75% in 2007, according to RealtyTrac, a company that sells foreclosure properties. In December of 2007, foreclosures were up 97% compared to December 2006. There were a total of 405,000 households that lost their homes last year, with more than 1% of all US families in some stage of foreclosure during 2007. In California, almost 66,000