Showing posts with label TACKLE the Statistics of US Home Foreclosures. Show all posts
Showing posts with label TACKLE the Statistics of US Home Foreclosures. Show all posts

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!