USA Foreclosure Listing Activity Heats Up Toward Summer

Updated quarterly foreclosure data compiled by Bargain Network (bargain.com), a leading online provider of real estate foreclosures, pre-foreclosures and for-sale-by-owner property listings and information, indicates that the number of foreclosures in the first quarter of 2007 (January through March) rose approximately 20 percent to 414,000 filings compared to the fourth quarter of 2006 (October through December). In addition, foreclosure activity in the most recent month (March 2007) rose more than 25 percent over the previous