The Irvine, Calif.-based foreclosure research firm reported 186,455 default notices, scheduled auctions and bank repossessions. That is up 3% from September and indicates that one out of every 706 U.S. homes faced a foreclosure filing last month.
He added, "Unfortunately the three states dealing with the biggest rebound in deferred foreclosure activity — New Jersey, New York and Connecticut — also had to deal with the devastation to homes inflicted by super storm Sandy."
The states with the steepest foreclosure increase over last year included New Jersey, where filings rose 140%, New York (123% increase), and Connecticut (41% jump).
Email (Required, will not be visible)
Username (Just pick a name if you're new)
Watch comments by email