Signs point to foreclosure

Foreclosure filings are up 93 percent this month nationwide from the same time last year, with a total of 180,000 filings this month alone, up nine percent from last month, according to RealtyTrac‘s July 2007 U.S. Foreclosure Market Report. Just five states, including California, Florida, Michigan, Ohio and Georgia, made up more than half of the country’s total filings. The report ranked Connecticut eleventh among the 50 states, recording 129 notice of foreclosure sales, 1,873 lis pendens, and 116 real estate owned properties.