Housing Foreclosures hit an all time high of 0.83% of all mortgages nationwide.
Over 5.8% of homeowners were behind in their mortgage payments, the largest number in more than two decades.
House prices lost a staggering 8.9% in 2007 - and they’re still dropping.
The supply of unsold houses rose to 4 million, or to over a [...]
Filed under: Alan Abelson, Aluminium, Credit Crunch, Economy, Foreclosure, Income, Real Estate, economics | Tagged: Commodities, CPI, Culture, economics, Family, Foreclosure, Foreclosures, History, Inflation, Information, Mortgage, Personal, Real Estate, Thoughts, Work | 4 Comments »







