Wednesday, January 13, 2010
The Latest on Foreclosures - "No End in Sight" - Up to 3.5 Million in 2010
Previously, at least 2.4 Million foreclosures were expected in 2010, but RealtyTrac expects 3 - 3.5 Million, and says that new records are being set. 21% higher since last year, 120% higher since 2008. Watch the Senior VP of RealtyTrac comment on the three waves of foreclosures, the impact on the economy, Obama Mods, and what the future holds.