Foreclosures spike slightly in August (By Sharon O'Malley)

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Foreclosures on U.S. properties spiked slightly for the second month in a row in August, according to data specialist RealtyTrac.  Nearly 117,000 properties had received their foreclosure notices, or were scheduled for auction or repossession by their owners’ mortgage lenders. Still, foreclosure activity last month was 9% lower than it was a year ago.  The greatest number of foreclosures occurred in Florida, followed by Nevada, Maryland, New Jersey, and Georgia. 

From:  www.constructiondive.com

Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
407 N. Howard Avenue
Suite 100
Tampa, FL 33606

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