Sunday, July 13, 2008

1 in 10 Upside Down- You Are Not Alone!

Well the news on the housing front has not gotten any better. Now over 11% of ALL homeowners are upside down on their mortgage. In states like Florida, Arizona and California the numbers are far worse. Below is a map of the country showing what parts of the country are struggling with foreclosures:



As you can see the areas that saw the greatest boom are now seeing the biggest bust.

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