Texas Proud
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 16, 2005
- Messages
- 17,267
So it seems that we might have 1 million forclosures this year... setting a new record that was set last year...
"Nearly 528,000 homes were taken over by lenders in the first six months of the year, a rate that is on track to eclipse the more than 900,000 homes repossessed in 2009, according to data released Thursday by RealtyTrac Inc"
"By comparison, lenders have historically taken over about 100,000 homes a year, Sharga said."
Soooo, if this is the case... that is 1.9 million homes... or 19 years worth in 2...
Homes lost to foreclosure on track for 1M in 2010 - Yahoo! News
"Nearly 528,000 homes were taken over by lenders in the first six months of the year, a rate that is on track to eclipse the more than 900,000 homes repossessed in 2009, according to data released Thursday by RealtyTrac Inc"
"By comparison, lenders have historically taken over about 100,000 homes a year, Sharga said."
Soooo, if this is the case... that is 1.9 million homes... or 19 years worth in 2...
Homes lost to foreclosure on track for 1M in 2010 - Yahoo! News