As we blogged yesterday, the mortgage industry is in serious trouble. So are the tenants. According to the lastest data from the Mortgage Bankers Association, foreclosures in the final quarter of last year were at an all time high. A lot of people saw this coming, right. Scroll down to the bottom of this link (click here) to view a chart of all 50 states listing the percentage of delinquencies. We hope you're not on the list. If you're a buyer, there are some good deals to be had.
Tuesday, March 13, 2007
Foreclosures Hit Record High
As we blogged yesterday, the mortgage industry is in serious trouble. So are the tenants. According to the lastest data from the Mortgage Bankers Association, foreclosures in the final quarter of last year were at an all time high. A lot of people saw this coming, right. Scroll down to the bottom of this link (click here) to view a chart of all 50 states listing the percentage of delinquencies. We hope you're not on the list. If you're a buyer, there are some good deals to be had.
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