July 10, 2008
Foreclosures on the rise
Foreclosure filings in June were up 61% over the same month last year, according to a firm that tracks foreclosures.
Maine had 276 homes, or one in every 2,504, receive a foreclosure filing in June, according to California-based RealtyTrac's most recent U.S. Foreclosure Market Report. The June numbers were a 14% increase from May 2008.
Nationally, 252,363 U.S. properties, or one in every 501 households, received a foreclosure filing during June, a 3% decrease from the previous month but a 53% increase from June 2007, according to the report.
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