News release: “RealtyTrac®, the leading online marketplace for foreclosure properties, today released its U.S. Foreclosure Market Report for Q1 2010, which shows that foreclosure filings default notices, scheduled auctions and bank repossessions were reported on 932,234 properties in the first quarter, a 7 percent increase from the previous quarter and a 16 percent increase from the first quarter of 2009. One in every 138 U.S. housing units received a foreclosure filing during the quarter. Foreclosure filings were reported on 367,056 properties in March, an increase of nearly 19 percent from the previous month, an increase of nearly 8 percent from March 2009 and the highest monthly total since RealtyTrac began issuing its report in January 2005.”
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