(EpochTimes) Home foreclosures in Maryland have skyrockrted according to Realty Trac which reported that foreclosure starts are up 275% over last year.
Maryland leads the nation in the surge of foreclosures, with Oregon coming in a distant second at 137% over a year ago, New Jersey, 89%
In July, Jacksonville, Florida led the nation in foreclosures according to News 4 Jax.com Florida had the highest number of foreclosure filings and the highest state for foreclosure rate for the third consecutive month in July, with one in every 328 housing units with a foreclosure filing.
On the 15 August, I wrote here all of this dismal economic news is occurring while Obama claims that the economy is improving as personal income dropped 5.3% during the first quarter 2013 and California lenders filed 25,747 notices of default between April and June an increase of 38.7% from the previous quarter.
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