Jan 5, 2009

2008 - The Year of the Foreclosure?

More like the year of the foreclosure scare. It looks like the 2008 national foreclosure rate ended up just under 3 percent. Texas will end up with numbers even lower. In the Great Depression the foreclosure rate was just over 40 percent.

For all the 2008 headlines about foreclosures, it's amazing so many of us remained solvent.
I'll remember 2008 as

The Year the Foreclosure Bully
gave Real Estate a Black Eye

[where: 75230]

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