Boise , Idaho -- 1 in 21 homes in foreclosure (The red dots show all foreclosures in process)
Sarasota , Fla. -- 1 in 21 homes in foreclosure
Tampa , Fla. -- 1 in 20 homes in foreclosure
Sacramento , Calif. -- 1 in 19 homes in foreclosure
Naples , Fla. -- 1 in 18 homes in foreclosure
Riverside , Calif. -- 1 of 14 homes in foreclosure
Miami -- 1 in 14 homes in foreclosure
Phoenix -- 1 in 14 homes in foreclosure
Cape Coral , Fla. -- 1 in 12 homes in foreclosure
Las Vegas -- 1 in 9 homes in foreclosure
6 comments:
And all of the above have homes for sale way higher than the market will pay.
How do we find out how many in Salisbury and Wicomico County?
And there will be many of these idiots who will vote for Barry Sotero for another 4 years.
That's it, moving to VEGAS baby!!!
I am so happy that I did not take a job in Cape Coral, FL now. If things didn't work out then I could have become one of the 8% of foreclosures. But if you've got the cash and want a second home I'm sure that there are plenty of them out there that you can get for a reasonable price although like anonymous 11:29 said, many of them are on sale for well above market value -- due to the housing bubble I'd suspect.
Foreclosures stalled for awhile because of the Robo-signing scandal. There is massive shadow inventory. The real estate recovery is still a myth.
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