Forclosure

Forclosure
A sign showing a foreclosed house is seen in Glendale, Calif., Monday, August 20, 2007. Foreclosure filings rose 9 percent from June to July and surged 93 percent over the same period last year, with Nevada, Georgia and Michigan accounting for the highest foreclosure rates nationwide, a research firm said Tuesday, Aug. 21, 2007. The filings include default notices, auction sale notices and bank repossessions. The figures are the latest measure of the ailing housing market, which has seen defaults and foreclosures soar as financially strapped borrowers have failed to make payments or find buyers. (AP Photo/Kevork Djansezian)

View full size

  • Post a comment
  • CloseEmbed
This also appears in:

Post a comment

Already a Vox member? Sign in