Confined Crisis ~ Most foreclosures pack into a few counties

peaceandlove · 03-12-2009, 03:55 AM

Confined Crisis ~ Most foreclosures pack into a few counties

Excerpt:

A few of the 35 counties leading the foreclosure boom are in already-distressed areas around Detroit and Cleveland. But most are clustered in places such as Southern California, Las Vegas, Phoenix, South Florida and Washington, where home values shot up dramatically in the first half of the decade, then began to crumble.

Full article: http://www.usatoday.com/money/econom...eclosure_N.htm

03-12-2009, 03:55 AM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Confined Crisis ~ Most foreclosures pack into a few counties Confined Crisis ~ Most foreclosures pack into a few counties Excerpt: A few of the 35 counties leading the foreclosure boom are in already-distressed areas around Detroit and Cleveland. But most are clustered in places such as Southern California, Las Vegas, Phoenix, South Florida and Washington, where home values shot up dramatically in the first half of the decade, then began to crumble. Full article: http://www.usatoday.com/money/econom...eclosure_N.htm