Completed foreclosures soared 67% in February over January, putting them at their highest since the start of the foreclosure crisis, according to foreclosure-listing service ForeclosureS.com.

The surge to 121,756 comes just a month after the firm said foreclosures fell sharply in January, leading to speculation that the market might be seeing a turnaround. It also comes amid rapidly rising unemployment and continued tightness in the credit markets, which makes it tough for consumers to refinance existing loans.

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