National Foreclosures Increase 38 Percent in First Quarter: “RISMEDIA, April 25, 2006— a leading online marketplace for foreclosure properties, has released its 2006 Q1 U.S. Foreclosure Market Report, which showed that 323,102 properties nationwide entered some stage of foreclosure in the first quarter of 2006, a 38 percent increase from the previous quarter and a 72 percent year-over-year increase from the first quarter of 2005. The nation’s quarterly foreclosure rate of one new foreclosure for every 358 U.S. households was higher than in any quarter of last year. ”
Daniel Realty has positioned itself to be a leader in the resale of foreclosed properties. If you are interested in purchasing some of these great investment opportunities for profit, please contact me to get on our interest list.