Worst Foreclosure Rates Found in 4 States – Can You Name Them?
Posted: May 8th, 2009 | Author: Joe | Filed under: Economy, Real Estate | Tags: Economy, Real Estate | 2 Comments »Pop quiz:
The majority of foreclosures are concentrated in which four states?
If you’ve paid even minor attention to housing news for the past two years or so, you should at least be able to guess Florida and Nevada.
My guess was: Florida, Nevada, California and ???
I wasn’t quite sure where the 4th state was. It turns out it was Arizona.
This is according to a recent AP article.
It’s not surprising since these states saw unprecedented double-digit growth in the year or so leading up to the collapse. All this goes to show that old adage of what goes up must come down is alive and well.
I am curious as to where Massachusetts falls? Our Massachusetts Lawyer network is seeing high foreclosure rates.
That’s interesting, thanks for the article