Archive for May 14th, 2008

  • by Lane Bailey

    I heard two interesting points on the news today.  First, the screaming-stay-tuned-after-the-break headline…
    Foreclosure filings skyrocket 65%
    And then the less hyped statistic…
    One home is 500 in some stage of the foreclosure process
    That means that 0.2% of homes are somewhere in the foreclosure process.  That means that previously it had been 0.12%.
    Does that sound as ominous?

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