WOW! According to this report, foreclosures are WAY up! "RealtyTrac is reporting that May foreclosures are up 90% over the same month last year. California is up 350% over the same month last year."
Here's the link: http://www.cnbc.com/id/15840232?video=373996592
Stunning numbers that don't help the housing market...and rising rates don't help.
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