Thursday, May 1, 2008

Foreclosures still way up. . .no surprise there

More than 155,000 families have lost their homes to foreclosure this year; one out of every 194 U.S. households received a foreclosure filing.

If you live in the Southwest; Nevada, California, and Arizona. . .congrats, you live in the hardest hit areas since they lead the nation in foreclosure filings. Prices ran up due to speculators snapping up everything they could as investments.

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