Foreclosure Numbers; What a difference one month makes! 

After seeing the foreclosure numbers increase by 7 percent from the month of June to July, up 32 percent from last year, some expected the August figures to continue the upward spiral. To the surprise of many experts, the number for August actually dropped by half of a percentage point.  Are the loss mitigation efforts finally taking hold?    Carrie Bay with the publication DSNews wrote an interesting article wherein she provides interesting figures on foreclosure.  I invite you to read her article.

http://www.dsnews.com/articles/foreclosure-activity-remains-level-from-july-to-august-2009-09-10  

To see the National Foreclosure Trend provided by RealtyTrac, click on the following link.

http://www.realtytrac.