Monday, August 29, 2011

TACKLE the Statistics of US Home Foreclosures

I almost fell off my desk chair when I saw the rate for the National Home Foreclosures for 2010 shown on Google Maps. 

The devastation of the housing market is far worse than an earthquake or a hurricane.

The rate for US home foreclosures for 2010 was 1 in 46.  In 2008, according to RealtyTrac, the foreclosure rate was 1 in 464 US households. 



Look at the detailed map of Tampa , FL, one of the top five states in the Foreclosure Doom, with 1 in 20 homes in foreclosure.  Each red dot is a home in foreclosure.

Frightening!

No comments:

Post a Comment