Foreclosures Up by 7 Percent During First Quarter

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — Bank Foreclosures Sale, an online leader in the foreclosure listings and information industry, reported new statistics for the first quarter show foreclosures are up 7 percent from the most recent quarter, and almost 16 percent from the first quarter of 2009. While the first two months of the year saw relatively low foreclosures, filings surged 19 percent in March, largely accounting for the overall quarterly increase.