Foreclosures Up 75% During 2007

RealtyTrac's U.S. Foreclosure Market Report shows more than 2.2 million foreclosure filings during 2007, up 75% from 2006. The report shows that more than 1% of all U.S. households were in some stage of foreclosure during the year, up from 0.58% in 2006.
A total of 215,749 foreclosure filings were reported in December, up 97% from December, 2006 The fourth-quarter total hit 642,150 filings—up 1% from the previous quarter and up 86% from the fourth quarter of 2006.