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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>Star Ledger</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Fri, Sep 12 2008, 4:11 pm EDT<span class="gen"> </span> Post subject: N.J. foreclosure filings up 49 percent in August from a year ago</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">N.J. foreclosure filings up 49 percent in August from a year ago <br />by Jeff May/The Star-Ledger <br />Friday September 12, 2008, 9:14 AM <br />Foreclosure filings in New Jersey rose 49 percent in August compared to a year ago, well above the national average, according to fresh data from a firm that tracks the information. <br /> <br /> <br />David Zalubowski/APThe state had 6,475 filings -- default notices, scheduled sheriff's sales, bank repossessions -- during the month, a rate of one filing for every 536 households, Irvine, Calif.-based RealtyTrac found. In previous months, the counties hardest hit by foreclosures have been Mercer, Sussex and Union, according to the firm. <br /> <br />Nationally, foreclosure filings jumped almost 27 percent, year over year, RealtyTrac said. That's lower than in recent months, in large part because filings jumped substantially a year ago as the mortgage crisis deepened. One in 416 homes received a filing during August in the United States, although the situation is much more dire in Nevada, California and Arizona <br /> <br /><a href="http://www.nj.com/business/index.ssf/2008/09/nj_foreclosure_filings_up_49_p.html" target="_blank">http://www.nj.com/business/index.ssf/2008/09/nj_foreclosure_filings_up_49_p.html</a></span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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