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Lost jobs forcing more out of homes

Lost jobs forcing more out of homes (News (General))

by administrator @, Wednesday, June 24, 2009, 15:26

WASHINGTON — The nation's foreclosure crisis — once largely confined to only a few corners of the country — is spreading to new areas as the economy teeters. The foreclosure rates in 40 of the nation's counties that have the most households have already doubled from last year, a USA TODAY analysis of data from the listing firm RealtyTrac shows.

Most were in areas far removed from the avalanche of bad mortgages and lost homes that have hammered the U.S. housing market. Among the new areas: Boise and Green Bay, Wis.

Click on the following link to read more…

http://www.usatoday.com/money/economy/housing/2009-06-22-foreclosure_N.htm

Tags:
homes, lost jobs


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