Real Estate data show foreclosure rise by 14% in U.S.

The home foreclosure rate in U.S. became more than double in comparison to last year and as it rose by 14% in the last three months. The reports of increasing home foreclosures were given by the real estate data released by the firm RealtyTrac.

The figure is a total of all the default notices, auctions sales and bank re- possessions. The increase in foreclosures was most noted in Nevada, Ohio, California, Florida, Arizona and Michigan.