Foreclosures Hit All-Time High
Courtesy of Vincent Fernando at Clusterstock
This rose at a substantial 5% clip since Q2.
If you’re aren’t feeling the pain perhaps you don’t living in one of the six states which accounted for 62% of nationwide foreclosures alone:
- California – down 1.5%
- Florida – -0.7%
- Arizona – +5%
- Nevada – +9.8%
- Illinois – +13.7%
- Michigan – +9.5%
Basically, the pace of activity in the old sand states is finally winding down, but the crisis is spreading to the Midwest, and it’s happenign fast.
Read the official release here.
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