Foreclosures Dip 4 Percent in February, 2008
March 14th, 2008 • Related • Filed Under
Foreclosures for the month of February, 2008 dipped 4 percent from January’s number but still were up a whopping 60 percent over February, 2007. The number while heartening also show that the foreclosure crisis is still going on.
The top states with the highest foreclosures follow the trend of where the housing bubble tracked as markets absorb the additional inventory and speculators and extended borrowers are chased out.
Click on the foreclosure map to see a larger version.
My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
I live in the Philippines and I am glad we are not on the lists... 
I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
I see the question I have, but no response. I do not have a for sale sign up ...
Comment by brett on 16 March 2008:
I can’t tell you how many people have said “Foreclosures are up 60 percent!” to me. Glad some one else knows how to read month over month data (or write a headline). I think the press release also said the drop was due to “seasonality,” whatever that implies.