American home foreclosures leap 93% in a year

business.guardian.co.uk — "RealtyTrac, an online marketplace for repossessed properties, showed US home foreclosures jumped 9% in July from June, and 93% on a year ago. The number of default notices and bank repossessions totalled 179,599. Across the US, there is now a foreclosure of one in every 693 homes." Aug 23, 2007 View in Crawl 4