U.S. Foreclosure Filings in 2008 rose 81% from 2007

From MarketWatch: U.S. Foreclosure Filings in 2008 rose 81% from 2007
U.S. foreclosure filings in 2008 rose 81% from 2007 and tripled from 2006. A total of nearly 3.16 million foreclosure filings -- measured by default notices, auction-sale notices, and bank repossessions -- were reported in 2008. 1.84% of all U.S. housing units --1 of every 54 -- received at least one foreclosure filing during the year, up from 1.03% in 2007. In December, foreclosure filings were reported on more than 303,000 U.S. properties. That's up 17% from November and 41% from the year-earlier month. In the fourth quarter, foreclosure activity rose 40% from the year-earlier quarter.