SEARCH BLOG: HOUSING
If you are one of the dozen or so individuals who a) are looking to buy a house and b) have enough cash so that you are not seeking a bank loan, then you have bargains all around you.
This information from RealtyTrac:
Nevada, California, Arizona post top state foreclosure rates
With one in every 91 households receiving a foreclosure filing in August, Nevada continued to document the nation’s highest state foreclosure rate for the 20th consecutive month. Foreclosure filings were reported on 11,706 Nevada properties, a 16 percent increase from the previous month and an 89 percent increase from August 2007.
California continued to document the nation’s second highest state foreclosure rate, with one in every 130 households receiving a foreclosure filing in August, and Arizona registered the third highest state foreclosure rate, with one in every 182 households receiving a foreclosure filing during the month.
Other states with foreclosure rates ranking among the top 10 were Florida, Michigan, Georgia, Ohio, Colorado, Illinois and Indiana. Michigan, Georgia, Ohio and Colorado all reported annual decreases in foreclosure activity.
The government's efforts to ensure that everyone qualifies equally for a loan... regardless of means or consequence... has been a huge success.
Now the government can turn its full attention to health care providers.Stock up on aspirin and home surgical supplies now.