Wednesday, January 19, 2011

CNN money Reports- 1 million homes reposessed in 2010

1 million homes repossessed in 2010



By Les Christie, staff writer--


NEW YORK (CNNMoney) -- Foreclosures were at a record high in 2010, and more than 1 million people lost their homes, even as notices started leveling off during the end year.
In total, there were nearly 2.9 million foreclosure notices filed during the year, according to report released Thursday by RealtyTrac. That was a record high, but just 1.7% above 2009.

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