Monday, 20 September 2010 07:15 Monday, 20 September 2010 07:07 'More US homes were repossessed by banks in August—more than 95,000—than in any other month in history, according to realtytrac.com, a real estate marketplace. The company expects 1.2 million bank repossessions this year, a level 12 times higher than in 2005, when there were only 100,000. Every month, the company releases a summary of all foreclosure actions, which includes bank repossessions. Realtytrac said that the number of foreclosures increased 4 percent last month, but was down by 5 percent compared with a year earlier.'Adobe Flash Player not installed or older than 9.0.115!
Tuesday, 21 September 2010
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