U.S. Foreclosure Index: U.S. Foreclosures About 1 Million in 2008; Fourth Quarter Shows Decline Over Third-Quarter Peak – Yahoo! Finance
January 15th, 2009 • Related • Filed Under
According to a ForeclosureS.com report, just under 1 million homes went into foreclosure in 2008. That is up nearly 66 percent from the 600,000 foreclosures in 2007 that had us worried then.
So here is the question, if we saw such a large bump in foreclosures in 2008, what is going to happen in 2009?
Do you expect foreclosures to increase at the same rate, stabilize, or drop down closer to 2007 levels?
US Foreclosure Index By Region For 2008
Region Filings Per Household Midwest 195,057 1.24% Southeast 253,126 1.49% Northeast 41,250 0.25% Southwest 501,641 1.99% Other States 1,496 0.27% Nationwide 992,570 1.34% * Percentage of every 1,000 households in state
by ForeclosureS.com via Yahoo! Finance.
Very funny comparison. However you don't need to pay property tax on Barbies 3 Story Dream House. With the unemployment ...
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 ...
