
IPFS News Link • Economy - Economics USA
Foreclosures Hit All-Time High
• The Business InsiderThis rose at a substantial 5% clip since Q2.
If you're aren't feeling the pain perhaps you don't living in one of the six states which accounted for 62% of nationwide foreclosures alone:
California - down 1.5% Florida - -0.7% Arizona - +5% Nevada - +9.8% Illinois - +13.7% Michigan - +9.5%Basically, the pace of activity in the old sand states is finally winding down, but the crisis is spreading to the Midwest, and it's happenign fast.