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Old 10-25-2008, 08:14 PM
 
Location: Grand Rapids Metro
8,882 posts, read 19,861,925 times
Reputation: 3920

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In its latest report last month, the real estate marketing firm RealtyTrac noted that foreclosures in the second quarter of 2008 were up 14 percent over the first quarter, and up 121 percent from the second quarter of 2007.

But unless you live in Nevada, California, Arizona or Florida, you are much less likely to be included in those statistics. An analysis of the numbers show that, of the 739,714 foreclosure actions in the second quarter of this year, 373,919 of them, or slightly more than 50 percent, were in those four states.


Worst Foreclosure Activity Limited To Four States
Top 10 Worst States For Foreclosures in August, 2008 : The Real Estate Bloggers

New research shows that home foreclosure filings have tripled in Arizona’s most populated areas have in the past 12 months.

Default Research, which tracks home foreclosures in the Phoenix and Tucson areas, reports that foreclosure activity in the two metro areas jumped 305 percent from September 2007 to September 2008.


http://www.bizjournals.com/phoenix/s...3/daily56.html

In much of the rest of the country, foreclosures are leveling off, but not in Arizona.
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Old 10-25-2008, 08:15 PM
 
12,772 posts, read 7,983,621 times
Reputation: 4332
Do you really want to go down that path when Chicago has all of the problems that it has?
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Old 10-25-2008, 08:16 PM
 
Location: Grand Rapids Metro
8,882 posts, read 19,861,925 times
Reputation: 3920
Quote:
Originally Posted by t206 View Post
Do you really want to go down that path when Chicago has all of the problems that it has?
Yes.
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Old 10-25-2008, 08:17 PM
 
12,772 posts, read 7,983,621 times
Reputation: 4332
Quote:
Originally Posted by magellan View Post
Yes.
Ok, good luck.
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Old 10-25-2008, 08:19 PM
 
Location: Flyover Country
26,211 posts, read 19,535,610 times
Reputation: 21679
I heard he is holding a raffle of one of his seven homes, one lucky person facing foreclosure will win one of Sen. McCain's homes!
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Old 10-25-2008, 08:20 PM
 
Location: Grand Rapids Metro
8,882 posts, read 19,861,925 times
Reputation: 3920
Quote:
Originally Posted by t206 View Post
Ok, good luck.
Thanks.

El Mirage, other W. Valley areas lead housing-price dip

The median price of new and resale homes in El Mirage dropped 32.5 percent when comparing the first eight months of 2008 to 2007.

The working-class Northwest Valley city is the only place in the county where foreclosed home sales exceeded traditional resales. Of 382 houses sold this year through mid-September, 53 percent were foreclosed homes.
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Old 10-25-2008, 08:27 PM
 
69,368 posts, read 64,143,658 times
Reputation: 9383
Didnt we just go through a very similar stupid thread yesterday, where we had to educate the stupid on the differences between the job of a US Congressman,and a State Senator?
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Old 10-25-2008, 08:29 PM
 
Location: Grand Rapids Metro
8,882 posts, read 19,861,925 times
Reputation: 3920
Quote:
Originally Posted by pghquest View Post
Didnt we just go through a very similar stupid thread yesterday, where we had to educate the stupid on the differences between the job of a US Congressman,and a State Senator?
Link please. I'm hoping it was one of the threads about Obama and problems in Chicago.
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Old 10-25-2008, 08:32 PM
 
69,368 posts, read 64,143,658 times
Reputation: 9383
Quote:
Originally Posted by magellan View Post
Link please. I'm hoping it was one of the threads about Obama and problems in Chicago.
//www.city-data.com/forum/2008-...-what-has.html
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Old 10-25-2008, 08:33 PM
 
Location: Grand Rapids Metro
8,882 posts, read 19,861,925 times
Reputation: 3920
Quote:
Originally Posted by pghquest View Post
No, an Obama thread.
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