RealtyTrac Predicts More Than 3 Million Foreclosures By The End of 2010
RealtyTrac Inc. predicts the number of foreclosure filings by the end of the year will exceed three million. It also predicts bank repossessions will top one million.
It comes as the company released a midterm report showing 1.65 million properties in the U.S. received foreclosure notices.
Nevada, Arizona and Florida had the highest foreclosure rates.
RealtyTrac Inc.