Over 110 homes auctioned in July

Over 110 homes auctioned in July.
The number of homes sold at Washtenaw County"s weekly sheriff"s sale of foreclosed properties hit at least a six-year high last month, as more than 113 homes went on the auction block. That"s a 48.6 percent jump from June and nearly quadruple the number of foreclosed homes that went through a sheriff"s sale in July 2006. It means foreclosures are on track to possibly hit 1,100 or more this year in the county, or close to quadruple the number of homes that went into foreclosure just two years ago. Similarly, nationwide foreclosure filings rose 9 percent from June to July and surged 93 percent over the same period last year, with Michigan, Nevada and Georgia accounting for the highest foreclosure rates nationwide, a research firm said in a report released today.