Friday, January 16, 2009


RealtyTrac reported this week that in 2008, the U.S. had a total of 3,157,806 foreclosure filings — default notices, auction sale notices and bank repossessions — on 2,330,483 U.S. properties. This was an 81% increase over 2007, and a 225% percent increase from 2006.
The report also shows that 1.84 percent of all U.S. housing units (one in 54) received at least one foreclosure filing during the year, up from 1.03 percent in 2007.
If you are really interested in the mortgage market check out Mr. Market's 'Implode-O-Meter'
Never work just for money or for power. They won't save your soul or help you sleep at night.
Marian Edelman

No comments:

Post a Comment

You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.

Harlan Ellison