Monday, November 8, 2010

Three homes repossessed a day - The West Australian

Three homes repossessed a day - The West Australian: "More than three WA families every day are having their house repossessed, with banks foreclosing on 306 properties between July and September.

The latest statistics show the foreclosure rate is currently at one of its highest in the past decade, with more homes taken in the past quarter than in almost any other three-month period since 2000.

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