Foreclosure rate up 24% in Q1

[norcaljeff_IHB]

From the AP tonight. So much for the bottom. Get back to your spin classes Bulls!

 

[usctrojanman29_IHB]

[quote author="norcaljeff" date=1239886530]From the AP tonight. So much for the bottom. Get back to your spin classes Bulls!</blockquote>
How about a link to the article???

 

[stng_IHB]

Not the same article as referred to by the OP, but I saw this on my google news feed a little while ago.



<a href="http://uk.reuters.com/article/marketsNewsUS/idUKNYS00499920090416">http://uk.reuters.com/article/marketsNewsUS/idUKNYS00499920090416</a>

 

[Gohabsgo_IHB]

[quote author="stng" date=1239889025]Not the same article as referred to by the OP, but I saw this on my google news feed a little while ago.



<a href="http://uk.reuters.com/article/marketsNewsUS/idUKNYS00499920090416">http://uk.reuters.com/article/marketsNewsUS/idUKNYS00499920090416</a></blockquote>


Great article.



"One in every 159 U.S. households with mortgages got a foreclosure filing in the first three months of this year, RealtyTrac said."



OUCH!

 

[norcaljeff_IHB]

CA unemployment is now 11.2%. So much for a market recovery in 09!

 

[norcaljeff_IHB]

[quote author="usctrojanman29" date=1239887761][quote author="norcaljeff" date=1239886530]From the AP tonight. So much for the bottom. Get back to your spin classes Bulls!</blockquote>
How about a link to the article???</blockquote>


Here ya go USC: <a href="http://www.nydailynews.com/real_estate/2009/04/16/2009-04-16_us_home_foreclosures_jump_24_in_first_quarter.html">US home foreclosures jump 24% in first quarter; housing starts fall 10.8%</a>