Monday, December 15, 2008

Housing Charts of Interest

Note: Click pictures to expand their view


RealtyTrac US Foreclosure Heatmap - Feb 2008


Early 2008 BusinessWeek map illustrating option ARM prevalence by U.S. region



Moving a little closer to home:


2 Comments:

At 12/15/2008 6:37 PM, Anonymous jerry said...

As we have all known for at least a year, but has finally hit mainstream tv (60 Minutes), the Alt A and Option ARMs are going to come due. bankruptcies due to job losses and over-extended credit will be driving the foreclosures of this nation. There will be millions underwater, and losing their jobs. The decline of tax revenues will be a big problems. The printing presses at the Treasury will be adding to the problem. A plan to fix the trade deficit is critical!!!!

 
At 12/15/2008 6:47 PM, Blogger Randy said...

"The printing presses at the Treasury will be adding to the problem."

And I will add: Causing the Dollar to plunge to the lowest depths ever seen - compounding the pain for consumers who will be struggling to put food on the table.

 

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