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Foreclosure Filings Up 81% in 2008

Discussion in 'Economics and Financials' started by Fin Fan In Cali, Jan 15, 2009.

  1. Fin Fan In Cali

    Fin Fan In Cali Dolphin fan since 1970 Luxury Box

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    In my neck of the woods they had 2008 as a record year, however they are predicting 2009 will triple what 2008 was.:no:

    http://www.foxbusiness.com/story/markets/industries/real-estate/foreclosure-filings-/

    The four states with the highest foreclosure rates last year were Nevada, Florida, Arizona and California.
    More than 1.1 million properties in those four states received a foreclosure notice, almost half the national total. And more than one in five of those households were in California, which is coping with massive job losses in the housing and mortgage industries as well as a rapid decline in home prices.
     

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