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Updated over 14 years ago, 05/27/2010

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Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
3,497
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5,700
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I thought foreclosure problem was over!! Maybe not

Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
Posted

http://www.sltrib.com/business/ci_14649910?source=rss

I realize this article is from a Utah paper and has a Utah slant, BUT read through the article. Actual # of homes in foreclosure jeopardy is expected to go from 2.8 million last year to 3 million in 2010, a 7% increase. It also lists worst 10 states and NV continues to lead the bunch.
I really hope that the commercial fallout doesn't hit at the same time. That would cause further problems, and dominos start falling, imo. Rich

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