According to RealtyTrac, there was a 4% increase in the number of foreclosure filings in June (default notices, scheduled auctions and bank repossessions) compared to May 2011.
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Tag: housing crisis
According to RealtyTrac, there was a 4% increase in the number of foreclosure filings in June (default notices, scheduled auctions and bank repossessions) compared to May 2011.
An article in the Washington Post highlights the increase in homelessness as a result of the economic downturn, which has left homeless many families and individuals who previously had steady jobs and housing. Women now make up 81% of adults in homeless families, and tend to be younger than 30 with children under age 5. …
A recent report by the National Center on Family Homelessness provides estimates of homelessness among children, estimating that more than 1.5 million children are homeless each year (one in every 50 American children).
This link opens a New York Times article on the rising number of homeless encampments in cities across the country. http://www.nytimes.com/2009/03/26/us/26tents.html
The number of home foreclosure filings continued to climb in 2008. The number of foreclosures in 2008 was 81% higher than in 2007, and the 2007 rate was 75% higher than in 2006 (for a total 2-year increase of 225%).
About 20% of school districts participating in a voluntary survey identified as many homeless students in the beginning of the 2008/2009 school year as they had seen over the course of the entire previous year.