Thursday, October 14, 2010

Revisiting Foreclosures

Foreclosure Rates

NC rate = 1 in every 867 homes rate NC is #35 in USA

USA pace is 1 in every 381 homes –  24% of all sales in 2nd Qt were distressed.
34% of all sales were distressed for past year, up from 31% in August, 09

Nevada is #1 in USA with 1 every 84 homes - 56% of all sales were distressed

Pictures tell it all! As housing goes so goes the economy!




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